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Image 1 - 8221 CR 2301, Bay County, FL 32466, USA - Apartment for sale
Image 2 - 8221 CR 2301, Bay County, FL 32466, USA - Apartment for sale
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Image 4 - 8221 CR 2301, Bay County, FL 32466, USA - Apartment for sale
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Property For Sale In Panama City, Florida
8221 CR 2301, Bay County, FL 32466, USA

Property For Sale In Panama City, Florida

apartment for sale
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Listed: 04/01/24

8221 CR 2301, Bay County, FL 32466, USA

Studio Bed:
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Price
$ 199,000

About This Apartment

Property has 4 addresses. 2 park owned existing mobile homes on property that are leasing for a total of $2080 a month. Expenses are extremely low because of well and septic. All figures and info are supplied by Seller and are not guaranteed and should be verified. Electric is less than $50 a month and Culligan has a water purifier rental for $130 a mo. Taxes are $945 a year or $79 a month. NOI around$21, 855a year giving a Cap Rate of 10.98%. Both units have been extremely well appointed during the rehab process with new kitchen cabinets in both units. Both even have granite kitchen countertops. Unit 8213 up front is a 1bd/1ba. Unit 8211 in back is …  Full description

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