Stabilized 50-unit garden-style apartment community offering strong in-place performance with significant recent capital improvements. The property features a diverse unit mix of 1, 2, 3, and 4-bedroom units, with 42 units renovated since 2020, providing modern interiors and reduced turnover risk. Recent upgrades include new metal roofs, updated electrical panels, and multiple HVAC and water heater replacements, minimizing near-term capital expenditure. The asset maintains consistently high occupancy and generates additional income through an on-site laundry facility. A separate office building with storage supports efficient on-site management and operations. The property is supported by an attractive $4.4M assumable loan at a 3.75% fixed rate, offering a significant advantage in today’s lending environment. The loan must be assumed or defeased. Located in a central Panama City corridor near major retailers, schools, employment hubs, and just minutes to Panama City Beach, the asset benefits from strong and consistent rental demand. This offering represents an opportunity to acquire a stabilized, income-producing multifamily asset with operational upside and favorable financing in a growing Florida market.