2827 Florida Highway 20 - Apartments FOR SALE


Youngstown, FL 32466
$1,200,000 USD
310-435-0789
2827 Florida Highway 20, Youngstown, FL for Sale
$1,200,000 USD
Apartments - FOR SALE
1/8
null | 10.18% Cap Rate

2827 Florida Highway 20
Youngstown, FL 32466


HIGHLIGHTS

  • 10%+ Day One Cap Rate
  • Operates on Well Water and Septic Sewer
  • 25 Miles North of Panama City Beach
  • Approximately 30 Miles From Northwest Florida Beaches International Airport
  • Located Just Outside the Border of Bay County, One of the Largest Military Footprints in the Country, With 3 Major Installations Within an Hour's Driv
  • Amenities Include Wi-Fi, Restrooms, Showers, Laundry Facilities, Clubhouse, Vending Machines, Propane, and Two Fishing Ponds

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$1 USD /SF

# OF UNITS

56

PRICE/UNIT

$21,429

CAP RATE

10.18%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Panhandle RV Resort

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

PARKING SPACES

-

LAND DETAILS

LAND ACRES

21 AC

LAND SF

914,760 SF

ZONING

-

APN/PARCEL ID

33-1N-11-0000-0004-0000

ASK ABOUT THIS PROPERTY

Mitchell PresasMarcus & MillichapMore Info
310-435-0789

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Mitchell PresasMarcus & MillichapMore Info
310-435-0789

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.