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4443 Cato Road, Panama City
Income producing mobile home park. Site consists of 24 mobile home lots. Presently 12 of the 24 lots are occupied by tenant owned homes with tenants paying lot rent of $400/month. Seller pays for trash pick up. The site offers a unique opportunity for a buyer to add value. Property is managed by a third party professional management company at a 5% of gross revenue expense.
- MLS® #680353
- Year Built2003
- TypeCommercial Sales
- Sub-TypeMobile Home Park
- StyleRV/Mobile Park
- # of Stories1
- Date ListedFebruary 15th, 2019
- Days on Market157
- Address4443 Cato Road
- Area02 - Bay County - Central
- SubdivisionNo Named Subdivision
- CityPanama City
- Zip Code32404
- ElementaryTommy Smith
- MiddleMerritt Brown
- Listing OfficeCENTURY 21 Commander Realty Inc
Price Change History for 4443 Cato Road, Panama City, FL (MLS® #680353)
|Price Reduced||$535,200||$49,800 (8.51%)|
|Price Reduced (from $636,000)||$585,000||$51,000 (8.02%)|
DISCLAIMER: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Source: Bay County Association Of REALTORS® Multiple Listing Service