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155-179 Reagan Rd
Panama City, FL 32404
Reagan Road Townhouses · Multifamily Property For Sale · 24 Units

INVESTMENT HIGHLIGHTS

  • (24) 1100 SF 2 Bed 1.5 Bath 2 Story Townhouse Style Units
  • $225-$300 Below Market Rent; Current Average rent is $1,039 while immediate competitors are achieving $1,300-$1,350
  • Historically Near 100% Occupancy with $1,039.55 Average Rent
  • Significant Recent Capital Improvements; All six roofs replaced (2019), 12 out of 24 units fully renovated

PROPERTY FACTS

No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class C
Lot Size 0.68 AC
Building Size 30,458 SF
No. Stories 2
Year Built 1984
Parking Ratio 1.58/1,000 SF
Zoning CLWY23 - High Density Multiple Dwellings

AMENITIES

UNIT AMENITIES

  • Washer/Dryer Hookup
  • Refrigerator
  • Oven
  • Patio

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1.5 24 - 1,100

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 06479-020-000
  • 06479-010-000
Land Assessment
$76,531
Improvements Assessment
$595,127
Total Assessment
$935,243
  • Listing ID: 31805181

  • Date on Market: 5/15/2024

  • Last Updated:

  • Address: 155-179 Reagan Rd, Panama City, FL 32404

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