1717 Frankford Avenue Panama City, FL 32405
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.
- Property TypeCommercial
- Neighborhood[No Recorded Subdiv]
- CountyBay
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site60 Days
- MLS StatusActive
- MLS ID Number758035
- Home Size Source N/A
- Year Built1978
- Lot Size1.91 Acres
- Full BathsN/A
- Partial BathsN/A
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