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Price Unknown
-- Bed
- -- Bath
1.5acres lot
218 N Kimbrel Ave, Panama City, FL 32404
Price Unknown
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Unimproved Land
Built in -
$-- HOA
1.5 acres lot
--/sqft
Description
Manufactured housing portfolio consisting of eight parcels located in Panama City and Chipley, Florida. Six parcels are currently income-producing with 27 occupied units generating approximately $489,600 in annual gross rental income. The portfolio also includes two vacant parcels offering future development potential.The property mix includes newer manufactured housing communities built in 2021 and 2023, providing stabilized cash flow alongside value-add opportunities. Additional upside exists through vacant homes, available pads, expansion land, and an entitled development site in Panama City approved for up to eight additional units.The portfolio may appeal to investor...
Continue ReadingProperty Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
1.5 acres lot
Basement Area
- sqft
MLS Name
Beaches MLS
MLS Number
A12070986
MLS Status
Active
Days on Market
11
Cumulative Days on Market
1
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