Panama City Storage Portfolio Specialty FOR SALE


Panama City, FL - St Andrews
$3,490,000 USD
614-206-3881
, Panama City, FL for Sale
$3,490,000 USD
Specialty - FOR SALE
1/3
null | Request Cap Rate

Panama City Storage Portfolio
Panama City, FL
St Andrews


HIGHLIGHTS

  • Assumable Loan - 5% Interest Only
  • Combined daily traffic counts exceed 40,000 vehicles (Frankford: 8,900+ VPD, Stow Pros: 31,000+ VPD)
  • Panama City – Panama City Beach metro area: estimated population of 226,221 in 2024, reflecting a 3.8% growth over the previous year

OVERVIEW

Assumable Laon 5% Interest Only! SVN is pleased to present a two-property self storage portfolio located in the growing market of Panama City, Florida. The portfolio includes Frankford SelfStorage, a 225-unit facility with approximately 27,000 NRSF situated on 1.9 acres at 1717 Frankford Avenue. This property features an onsite office, gated entry, and is fully fenced with an automatic gate. The second facility, Stow Pros Self Storage, is located at 2726 15th Street and offers 112 units with approximately 10,000 NRSF on 1.26 acres, along with gated entry and secured fencing. Both properties are located in high-traffic areas with strong surrounding residential density. This value-add portfolio offers a great opportunity for investors looking to enter the self storage space or expand their existing footprint in a desirable Florida market.

ASK ABOUT THIS PROPERTY

Doug WilsonSVN | Wilson Commercial Group, LLCMore Info
614-206-3881

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

Doug WilsonSVN | Wilson Commercial Group, LLCMore Info
614-206-3881

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