1623 N James Ave | Panama City, FL 32405
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- LoopNet Team
1623 N James Ave
Panama City, FL 32405
Multifamily Property For Sale
·
12 Units
INVESTMENT HIGHLIGHTS
- All 972 SF Two Bed, One and a Half Bath Townhouse Style Units
- All Tenant Paid Utilities
- Significant Recent Capital Improvements; New Windows, Doors, Appliances, Flooring, Bathroom Fixtures, Water Heaters, and Driveway (2019-2023)
- Historically Near 100% Occupancy with $1274.17 Average Rent
- $50-$150 Below Market Rent; Current Average rent is $1274.17 while immediate competitors are achieving $1350-$1400
PROPERTY FACTS
| No. Units | 12 | Lot Size | 0.15 AC |
| Property Type | Multifamily | Building Size | 12,000 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1983/2017 |
| Building Class | B | Parking Ratio | 1.08/1,000 SF |
| Zoning | R3 - provides a medium high density residential environment for condominiums and apartments | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.15 AC |
| Building Size | 12,000 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1983/2017 |
| Parking Ratio | 1.08/1,000 SF |
| Zoning | R3 - provides a medium high density residential environment for condominiums and apartments |
AMENITIES
UNIT AMENITIES
- Refrigerator
- Stainless Steel Appliances
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $948,419 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$948,419
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