Stephen Gilliam Panama City Florida Real Estate
Commercial and Residential Real Estate
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East Springfield
(Springfield, Florida, US - 32404)
MLS®
$945,000 USD
Excellent Price
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St. Andrews Bay Real Estate Group, Inc
Stephen Gilliam, Broker/Owner
Email Stephen
Phone:
(850)303-2535
TollFree:
1-888-808-7793
Cell:
850-832-1799
Fax:
850-913-6100
Details
Address:
4900 11th Street
Type:
Commercial
Style:
Bedrooms:
2 "Each Townhouse"
Bathrooms:
2
Size:
14,822 sq. ft.
Lot Type:
Rectangular
Lot Size:
0.83 acres
151ft x 240ft
Year Built:
1984 "Great Shape"
Condo Fees:
$0.00 USD
MLS®:
393782
Description
Realize excellent Investment return & positive cash flow with this well maintained townhouse complex in quiet neighborhood convenient to Tyndall Air Forece Base, shopping and restaurants. Complex consists of 3 buildings with a total of 14 townhouse. 10 of the townhouses are approximately 923 square feet and 4 are approximately 1,273 square feet. Current rents vary. Rents are being increased with new leases. Affordabel insurance since wind and flood coverages are not required. NEW OWNER WILL REALIZE IMMEDITATE POSITIVE CASH FLOW. STRONG NOI and a CAP RATE OF 8.4%.
Features
Cooling
▪
Central Air
Sewer/Water Systems
▪
Public
▪
Water District
P2#2329202
Information is deemed to be correct but not guaranteed.
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