728 S Highway 22 A, Panama City, FL 32404

$975,000
List Price
$975,000

Property Description

Excellent opportunity to own an income producing mobile home park. Situated on 7.464 acres with 38 mobile homes sites and one single family house this property provides a unique opportunity to diversify one's portfolio. The property consists of 23 tenant owned homes and 9 FEMA lot rentals all paying lot rent from $290-350/monthly. Owner's expenses are limited consisting of garbage pick up, property taxes and 5% property management fee. Each unit has separate meters for electric and municipal water/sewer. Property grosses approximately $12,000 in monthly revenue.

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Listing courtesy of Century 21 Commander Realty.