2726 E 15th St
Panama City, FL 32405
Maharaj Storage LLC · Specialty Property For Sale
·
16,600 SF
Property Facts
| Property Type | Specialty | Building Size | 16,600 SF |
| Property Subtype | Self-Storage | No. Stories | 1 |
| Building Class | B | Year Built | 2002 |
| Lot Size | 1.68 AC | ||
| Zoning | C3A | ||
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 1.68 AC |
| Building Size | 16,600 SF |
| No. Stories | 1 |
| Year Built | 2002 |
| Zoning | C3A |
About 2726 E 15TH ST , PANAMA CITY, FL 32405
Must see this opportunistic offering for Maharaj Storage facility situated on 1.26 acres in Panama City, Florida. The buildings were constructed in 2002 and consist of 128 unit storage facility and an adjacent.42 acre leased car lot and U-Haul rental business. The facility is located on a busy four lane Highway 98 corridor running east and west through Panama City, Florida. Current occupancy is approximately 65% with a good upside to this business by bringing in professional management. Due to sellers illness and lack of professional management, history and records are not available. Please see attached updated rent roll and business pro-forma with current income and expenses which seller states is an accurate reflection of the current business status. There is an existing assumable $275,000 interest only mortgage and note ballooning August 2020 with interest only payments of $1375 per month. All information regarding this listing is deemed reliable but should be verified by buyer for accuracy.
Property Taxes
| Parcel Number | 15321-000-000 | Improvements Assessment | $394,455 |
| Land Assessment | $219,414 | Total Assessment | $613,869 |
Property Taxes
