Completely revitalized and effectively new as of 2021, this 14 unit multifamily property offers an exceptional turnkey investment opportunity. Each studio unit is approximately 280 square feet and has been fully updated as of 2021 with brand new electrical wiring, sewer and water lines, windows and doors, drywall, trusses, and roof.
With full occupancy and consistent rental income, this asset provides stable cash flow and minimal operational headaches. The site includes 15 parking spaces to accommodate tenants and guests comfortably. Investors will appreciate the potential cap rate of approximately 10%, underscoring the property's strong performance and value within the local rental market. Whether held as a steady income producer or added to a growing portfolio, this property stands out as a rare opportunity to acquire a fully renovated multifamily complex offering modern infrastructure and long term financial strength. Rent roll and financials available upon request.
Welcome to one of the most structurally impressive buildings in all of Bay County. The Mashburn Building was constructed entirely of poured concrete from foundation to roof, engineered with the streng
* Rare Retail & Restaurant Opportunity in Historic Downtown Panama City *
Discover a rare opportunity to own a premier commercial space in *The Mashburn Building*an iconic four story development re
388' OF PRIME HWY 98 FRONTAGE 1.26 ACRE CORNER LOT FLEXIBLE MIXED USE ZONING Position your business on one of Panama City's most visible commercial corridors! Located directly on Business Hwy 98 (
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