KW Success Realty
April Davis, KW Success Realty Phone: (850) 774-7221
Email: [email protected]

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listing
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CommercialFor Sale
$1,999,500
1717 Frankford Avenue
Panama City, FL 32405
Listing Office: Clubbs Real Estate Group LLC
MLS: Central Panhandle Association of Realtors
23,129Sq Ft
Est. Mortgage
$10,421/mo

Presenting a freshly renovated 223+/- unit self-storage complex, enhanced with 50 new units. Boasting an on-site office, digital signage, and electric access control gates with SiteLink synchronization available, this investment appeals to both corporate investors and owner-operators. While occupancy is currently north of 72% and trending upwards post-expansion it has yet to stabilize, providing potential for cap rates north of 10.0% once reaching market vacancies. Ideally situated between the area's major east/west commercial arteries, 15th Street and 23rd Street, this facility is nestled in the heart of Panama City's housing landscape. Reach out today for additional information.

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Information courtesy of Clubbs Real Estate Group LLC is subject to verification and is not guaranteed.
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