×← Back to all deals
ON-MARKET

Frankford Mini Storage | Panama City, FL For Sale

Panama City, FL

$2.0M
Asking Price
$190K
Revenue
$127K
Cash Flow

Overview

RIPCO Investment Sales is pleased to offer for sale Frankford Mini Storage located in Panama City, Florida.​ Frankford Mini Storage comprises 223 traditional drive-up self-storage units and measures ±26,924 gross square feet.​ Situated in rapidly growing Bay County, the facility sits on ±1.
909 acres and offers convenient access to regional hubs including Tallahassee (105 miles), Pensacola (101 miles), and Destin (52 miles).​ With 11 housing developments planned within 5 miles of the properties, a new operator stands to capture significant increase in lease-up activity and stabilize the physical occupancy.​ Please see listing agent for details on the assumable loan....

Key Details

StateFL
Request Full CIM & Details →

Deal data sourced from BusinessesForSale. Contact broker directly or become a Gravy member for deal analysis and acquisition support.