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15397375
15397376

2602 Willow Oak Ct, Panama City, FL 32408

NH
FL FL: BK3581015
Hull Multifamily Advisors
AH
MI 6502430931, FL BK3578265
Hull Multifamily Advisors
Listed by Hull Multifamily Advisors
$990,000
822 days on market
Updated 31 days ago

Willow Oak Court Apartments

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,000
Units 6
Cap Rate 7.98%
NOI $78,954
Price per SqFt $330
Class B

Panama City | 6 Units |

Marketing description

Constructed in 2020, this 6-unit one story asset consists of all 1 bed 1 bath apartment units, with 3 different layouts. These 3 layouts include, (2) 400 SF units with a kitchenette, (2) 500 SF units with a kitchenette and living room, and (2) 600 SF units with a full kitchen and living room. The Willow Oak Court Apartments boasts several amenities such as individual entrances, common area laundry, and a central private garden just to name a few. This asset is offered for sale individually or as a package with Beach Place Condominiums (2 Units Madeira Beach) and Insim Lane(3 Units Leesburg). Please contact HMA for more information before this opportunity is gone.

Investment highlights

  • Newly Constructed in 2020

  • 100% occupied w/ average rent $1,567

  • Units are on Average $150-$250 below market

  • Exceptional Locations walking distance from award winning beaches

  • Offered for Sale Together or Separate

Listing Contacts

NH
FL FL: BK3581015
Hull Multifamily Advisors
AH
MI 6502430931, FL BK3578265
Hull Multifamily Advisors
Listed by Hull Multifamily Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$78,954.00
$6,579.50/mo

Valuation Metrics

0
DSCR
7.98%
Cap Rate
7.98%
ROI

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Additional Information

Name
Nick Hull
License
FL: BK3581015
Brokerage
Hull Multifamily Advisors
Brokerage Phone
2393297322
Title
Associate Director
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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