Mobile Home/RV Park with owner financing. Panama City, FL
Excellent income producing mobile home, RV Park and storage property for sale. This property is located on the busy corridor of Highway 390 in Panama City and is zoned commercial. Property totals 4.5 acres and is priced to sell. The property consists of 14 mobile homes (all park owned), 21 RV Pads that stay fully occupied and a boat and RV Storage yard that stays fully occupied. Property currently grosses between $13,500-15,000/monthly. Seller financing is available with $275,000 down amortized over 30 years and the rest of the terms to be determined.. Rent rolls and official income documents will be provided during due diligence. All offers must be accompanied by proof of funds. Call for a breakdown of income and expenses. Value add potential by raising rents to market rate. Ask price is $975,000