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2726 E 15th St - Maharaj Storage LLC Specialty Building
About 2726 E 15TH ST , PANAMA CITY , FL 32405
| Price | Not Individually For Sale | Building Class | B |
| Property Type | Specialty | Lot Size | 1.68 AC |
| Property Subtype | Self-Storage | Parking Ratio | 0/1,000 SF |
| Price | Not Individually For Sale |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 1.68 AC |
| Parking Ratio | 0/1,000 SF |
Executive Summary
Motivated seller offering due to health issues - Maharaj Storage is an opportunistic offering to acquire this under performing 128 unit storage facility constructed in 2002 centrally located in beautiful Panama City Florida. There is an assumable mortgage of $275,000 @ 6% with interest only payments, note balloons August 2020. The property is in good condition, with security and fencing. There is additional .42 acre adjacent parcel with small office type building which is currently being used for the U-Haul rental business, the additional parcel is now included in purchase price of $699k. Due to seller's illness, financial records are not available. Please come view the property to see this opportunity, experienced and/or professional management needed. All information deemed reliable please verify for accuracy.
Located in Panama City Florida which is home to some of the worlds most beautiful beaches, fishing, diving in Northwest Florida. The storage facility is centrally located right off the four lane 15th street highway which is the main east-west travel corridor through the city. Property is about 15 minutes to the Panama City Beaches and Gulf of Mexico.
Located in Panama City Florida which is home to some of the worlds most beautiful beaches, fishing, diving in Northwest Florida. The storage facility is centrally located right off the four lane 15th street highway which is the main east-west travel corridor through the city. Property is about 15 minutes to the Panama City Beaches and Gulf of Mexico.
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