Stephen Gilliam, Broker/Owner
 

 
Stephen Gilliam Panama City Florida Real Estate Commercial and Residential Real Estate

East Springfield (Springfield, Florida, US - 32404)
MLS® $945,000 USD Excellent Price


Attachments


 

St. Andrews Bay Real Estate Group, Inc


Stephen Gilliam, Broker/Owner
 
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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