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$2,650,000 USD
4443 Cato Road
Panama City, Florida 32404
USA
Panama City, Florida 32404
USA
Commercial for Sale, Other Commercial Property
Sale price per sqm: 0
Remarks:
Incredible opportunity to purchase a well run business from a retiring landlord. This portfolio consists of 104 mobile home lots, and 10 single family homes spread amongst 4 sites all within 7.5 miles of each other. Properties are managed by the same management company at 5% of gross revenue. Each site was 100% occupied with tenant owned homes prior to Hurricane Michael. Presently 61 of the 104 sites are occupied with tenant owned homes. The majority of the sites have separate water/sewer meters with direct billed utilities to the tenants. Seller's expenses are limited to rubbish pick up, property taxes and property management. Seller does pay for water at 4443 Cato Road. Site locations are 728 S Highway 22 A, 208 N Highway 22 A, 628 N Highway 22 A, and 4443 Cato Road.
Features:
- Year Built: 1984
Location:
4443 Cato Road, Panama City, Florida 32404, USA
Listed By CENTURY 21 Commander Realty, Inc.
The Commercial for Sale, Other Commercial Property located at 4443 Cato Road, Panama City, Florida 32404, USA is currently for sale. 4443 Cato Road, Panama City, Florida 32404, USA is listed for $2,650,000 USD. If the property located at 4443 Cato Road, Panama City, Florida 32404, USA isn't what you're looking for, search Florida Real Estate to see other Commercial For Sale in Panama City.