Welcome to The Grove Townhome Apartments — a stabilized, B Class 44-unit townhome community in Marianna, FL, delivering strong in-place cash flow with clear paths for upside. Situated on 4.43 acres with R-3 zoning, the property offers a balanced mix of 2BR and 3BR townhomes, many recently renovated. Occupancy stands at 100%, with units renting very quickly—often within a week of availability. The current mix includes 4 units at 2BR/1BA (806 SF), 25 units at 2BR/1.5BA (1,056 SF), and 15 units at 3BR/1.5BA (1,056 SF)—8 of which were recently converted. Additional upside exists by converting the remaining 7 eligible units to 3BR layouts, capturing proven rent premiums, and bringing MTM tenants to market rates. With R-3 zoning allowing up to 70 units, the site also offers long-term expansion opportunities on its southern and northern sections. Financially, The Grove produces a current NOI of $362,784 with a proforma NOI of $426,603, supported by strong demand for 3BR rentals under $1,500. Occupancy has improved from 80% at acquisition to full stabilization, with consistent leasing velocity. Marianna’s fundamentals are robust—projected 28% job growth through 2030, driven by manufacturing, distribution, and healthcare. Major employers include Family Dollar Distribution, Jackson Hospital, Amazon, Chipola College, and new entrants like Pulse Industries and Cowan Systems. Infrastructure catalysts such as Endeavor Park (1,200 acres) and Marianna Airport Commerce Park are fueling industrial expansion. Population growth since 2020 exceeds 32%, with cumulative growth expected to reach 43–47% by 2030. This sustained in-migration and employment growth make The Grove ideally positioned to capture long-term rental demand from the expanding workforce.