RENTAL PORTFOLIO! Turn key residential rental portfolio in the quickly growing Panama City market. Consisting of 6 units total (237 Helen Ave 5 units & 2635 Arden Ave) this unique opportunity is a rare find. Units stay consistently full and are professionally managed. Seller is offering incredible owner financing terms: 3.95% interest, 30 year amortization, 3 year balloon, 35% down payment. Please do not disturb tenants.
Rental info (unit sizes approximate):
237 Helen Ave:
Unit A 850 sqft 2/1 rent $995
Unit B 850 sqft 2/1 rent $995
Unit C 1000 sqft 2/1 recently vacant, on market for $1,150
Unit D 1700 sqft 4/2 rent $1,295
Unit E 1000 sqft 2/1.5 rent $1,295 single family
2635 Arden Ave 1600 sqft 4/1.5 + den rent is $1950
RENTAL PORTFOLIO! Turn key residential rental portfolio in the quickly growing Panama City market. Consisting of 6 units total (237 Helen Ave 5 units & 2635 Arden Ave) this unique opportunity is a rare find. Units stay consistently full and are professionally managed. Seller is offering incredible owner financing terms: 3.95% interest, 30 year amortization, 3 year balloon, 35% down payment. Please do not disturb tenants.
Rental info (unit sizes approximate):
237 Helen Ave:
Unit A 850 sqft 2/1 rent $995
Unit B 850 sqft 2/1 rent $995
Unit C 1000 sqft 2/1 recently vacant, on market for $1,150
Unit D 1700 sqft 4/2 rent $1,295
Unit E 1000 sqft 2/1.5 rent $1,295 single family
2635 Arden Ave 1600 sqft 4/1.5 + den rent is $1950
Features
Building and Construction
Covered Spaces: 0.00
Living Area: 0.00
School Information
High School: Bay
Middle School: Mowat
School Elementary: Cedar Grove
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Utilities
Carport Spaces: 0.00
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Pet Deposit: 0.00
Security Deposit: 0.00
Trash Expense: 0.00
Other Features
Legal Description: HIGHLAND CITY (14.3) BEG 30' W & 30' S OF NE COR LOT 14 TH W 150' S 100' E 150' N 100' TO POB BLK 21 (SUBJ TO ESMT ORB 3634 P 835) ORB 4540 P 80
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