Edgewood Apartments I

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Address: 6143 US-90, Marianna, FL 32448, USA

Florida & Gulf Coast + Apartment Buildings

Created date: November 6, 2026

Date last updated: November 6, 2026

Price: $1,200,000Investment Analyzer NEW!

Property Description

Matthews Real Estate Investment Services is pleased to present Edgewood Apartments I, a 19-unit multifamily investment opportunity located at 6143 US Highway 90 in Marianna, FL 32448. Offered at $1,200,000 ($63,158/unit) and an 8.24% cap rate ($98,886 pro forma NOI), the property is 100% occupied across nineteen 1BR/1BA apartment units renting at $775/month ($176,700 gross potential rent). In-place rents sit well below surrounding market levels, offering upside alongside stable day-one cash flow. Edgewood Apartments I is part of an 11-property Northwest Florida portfolio and can be purchased individually, paired with nearby Edgewood Apartments II (17 units at 2213 Dellwood Cypress Rd for 36 total units at $2,400,000 / 8.17% blended cap rate), or as part of a larger package. Contact: Gabriel Peña, Associate Vice President, Matthews Real Estate Investment Services | (954) 204-0115 | [email protected] | FL License No. SL3492043.

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Key Property Information

Listing Status:	Available
Property Types:	Apartment Buildings
Price:	$1,200,000
No. of Units:	19
Cap Rate:	8.24%
GRM /GIM:	6.8
Average Occupancy:	100
No. of Stories:	1
Opportunity Zone:	No
Price per unit:	$63,158

Address: 6143 US-90, Marianna, FL 32448, USA

Additional contacts

Full name	Phone number	Email address
Gabriel Peña	(954) 204-0115	[email protected]

Investment Analyzer

Step 1Financing Calculation

Purchase Price *

Down Payment *

Financed Amount

Term (Years) *

# of Payments Per Year *

Total Payments

Annual Interest Rate *

Monthly P&I

Annual P&I

Step 2Gross Rent Analysis

Please enter annual amounts.

Gross Rent *

Management Fee

Maintenance Reserve

Insurance

Property Taxes

Vacancy Reserve

Utilities

Misc. Expenses

Monthly Net Income

Annual Net Income

Step 3Cap Rate Calculation

Comparable Cap Rates *

Price Based on Cap Rate

Cap Rate Based on Price

Step 4Final Deal Analysis

Monthly Cashflow

Annual Cashflow

Cash on Cash Return

Overall Return on Full Price

Annual Approx. Depreciation

Annual Approx Market Appreciation

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