628 N Bob Little, Panama City, FL 32404
$195,000
Property Type:
Commercial for Sale
Lot Size (sq. ft.):
51,836
Status:
Sold
Current Price:
$195,000
List Date:
9/05/2019
Last Modified:
12/03/2019
Description
Opportunity to own a mobile home park in a great location. Property has 10 mobile home sites with separate meters for city utilities- tenants are directly billed and pay their own utility costs. There are 4 tenant owned homes paying $350/month in lot rent. Fema has placed 1 home on 1 of the 10 lots at $400/month lot rent. Property offers a unique opportunity for a buyer to add value. Property is managed by a third party professional management company at a 5% of gross revenue expense.
More Information MLS# 680354
Contract Info
List Date: 2019-02-15
List Price: $195,000
Current Price: $180,375
Sub-Type: Mobile Home Park
Location
Area: 02 - Bay County - Central
Street #: 628
Street Direction: N
Street Name: Bob Little
State: FL
Zip Code: 32404
County: Bay
Sub Area: 0202 - Bay - Central SE
Subdivision: No Named Subdivision
Community/Resort: None
Waterfront: No
Parcel ID: 24378-040-000
Elementary School: Springfield
Middle School: Everitt
High School: Rutherford
Directions: Traveling south on Tyndall Parkway, take right on 7th street. Property is on the left.
Legal Description: 12 4S 14W ST A B DEV CO PLAT BEG 300' W OF NE COR LOT 4 TH CONT W 320' S 140.9' E 320' N 140.9' TO POB ORB 833 P 736 -67.5- ORB 3475 P 1255
General Property Info
List Class: RV/Mobile Park
Construction Status: Construction Complete
Acreage: 1.19
Year Built: 1984
Status Change Info
Status: Sold
Under Contract Date: 2019-10-08
Sold Date: 2019-10-25
Sold Price: $180,375
Sold Price/Acre: 151575.63
Property Features
Financing: Other - See Remarks
Listing Office: CENTURY 21 Commander Realty
Last Updated: December - 03 - 2019
Information deemed reliable but not guaranteed.