6906/6904 Penny Road, Panama City, FL 32404
sale
$1,200,000
|
Mobile Home
Courtesy Of Coldwell Banker Carroll Realty, Inc.
Huge Investment Opportunity on this 2 parcel mobile home park. Currently 10 mobile homes and 1 RV in place all tenant occupied with 2 more mobile home spaces that can be added. Current annual income at $118,440 with very low expenses of $3500/month. On site Manager/Maintenance person, 2 wells, 3 septic and electric power bill of roughly $200/month. Rents range from $600 to $1200/month. All management/maintenance issues are currently addressed very quickly by a highly trusted on-site, tenant/mgr/maintenance person that also collects rents, manages property for owner making this investment perfect as a passive investment for a hands-off owner. Each mobile home has been updated with granite countertops, waterproof vinyl plank flooring, upgraded bathrooms, cabinets and doors. Current owner
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Property Features
- Age: 41-50 Years Old
- Architecture Style: Other
- Building Units: 12
- Legal Description: 34 2S 13W -1.10- BEG 726' S & 1323.6' E OF NW COR OF SEC E 330.9' S 264' W 330.78' N 264' TO BEG PART OF LOT 32 ORB 3363 P 1574
- MLSID: 737012
- Roof Type: Unknown
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