4200 E HIGHWAY 390, Panama City, FL 32404
Listing Presented By
Counts Real Estate Group Inc
Income Producing - Panama City, FL
Seller ready to retire after 25 years of owning/managing the park. Strong Cash Flow - Turn Key Opportunity for the real estate and business. Centrally located and sits directly across from the newly constructed Bay Haven Charter school and D.R.Hortons new subdivision. The park consist of (21) RV sites, (14) park owned homes, 45 travel home & boat storage rentals, laundry & bath building. The park's yearly gross income averages $156,000 with expenses $60,000, net income $96,000. The park is zoned Commercial C-3 which makes it ideal for future redevelopment and part of future Highway 390 east four lane expansion corridor. Park has public water & septic system. RV lot rents average $365/month and park owned mobile homes $450 month.
Built In: 1986
Last Updated: July 21, 2016
Posted: April 20, 2016