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$1,550,000 USD
2805 Evelyn Avenue
Panama City, Florida 32405
USA
Panama City, Florida 32405
USA
1,671.364 m2 ::
17,991 sqft
Commercial for Sale, Multi-Family Home
Sale price per sqm: 927.36
Remarks:
Rare opportunity to purchase a fully occupied multifamily portfolio boasting excellent locations and up keep. This 25 unit portfolio consists of 3 site locations- 1540 Mulberry Avenue (8 units), 2805 Evelyn Avenue (8 units), and 3025 Altha Avenue (9 units). Each property site has an excellent rental history offering the buyer a unique opportunity to diversify and or expand their portfolio with a chance to increase IRR/yield with little to no immediate capital expenditure needed. All units are separately metered for electric, water and sewer. Most of the units boast granite counter tops, stainless appliances, and tile floors for easy maintenance. Stabilized cash flow in highly desirable and growing areas make this a true turn-key opportunity.
Features:
- Year Built: 1976
Location:
2805 Evelyn Avenue, Panama City, Florida 32405, USA
Listed By CENTURY 21 Commander Realty, Inc.
The Commercial for Sale, Multi-Family Home located at 2805 Evelyn Avenue, Panama City, Florida 32405, USA is currently for sale. 2805 Evelyn Avenue, Panama City, Florida 32405, USA is listed for $1,550,000 USD. This property has 17,991 sqft. If the property located at 2805 Evelyn Avenue, Panama City, Florida 32405, USA isn't what you're looking for, search Florida Real Estate to see other Commercial For Sale in Panama City.
