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15750 Panama City Beach Pkwy Unit 140, Panama City Beach, FL 32413
[email protected]
MLS® ID: 680572

4443 Cato Road

Panama City, Florida, 32404

$2,650,000 Active
  • - SQFT
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.
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Listing courtesy of CENTURY 21 Commander Realty Inc

Amenities

  • Zip
    32404
  • Office name
    CENTURY 21 Commander Realty Inc
  • Subdivision
    No Named Subdivision
  • SQFT
    0
  • Property type
    Commercial
  • Elementary school
    Tommy Smith
  • Junior high
    Merritt Brown
  • High school
    Mosley
  • Year built
    1984
  • Agent name
    Cain McNeil
  • Purchase Type
    Active
  • Price Range
    $2m+
  • Square Feet Range
    < 1000 sq ft.
  • Area
    02 - Bay County - Central
  • Year Built Range
    1989 (and earlier)
  • Office ID
    BCC2
  • Agent ID
    B8940

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