201 E 25th Street, Lynn Haven, FL 32444

$2,600,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 358,063 Status: Sold
Current Price: $2,600,000 List Date: 9/13/2019 Last Modified: 10/04/2024

Overview

Description

Two multifamily apartment complexes- Pinehurst Garden Apartments and Briarwood Garden Apartments. Properties are on two contiguous parcels being sold as a package with 136 units total. Heavily damaged from Hurricane Michael with tremendous upside potential. Entered for comps.

Listing Details MLS# 688416

Contract Info

Sub-Type
Multi-Family

Location

Area
02 – Bay County – Central
Street #
201
Street Direction
E
Street Name
25th
Street Suffix
Street
State
FL
Zip Code
32444
County
Bay
Sub Area
0201 – Bay – Central NE
Subdivision
No Named Subdivision
Community/Resort
None
Waterfront
No
Parcel ID
11617-000-000
Elementary School
Hiland Park
Middle School
Mowat
High School
Mosley
Directions
Traveling north on Highway 77, right on 25th Street, property is on the right.
Legal Description
16 3S 14W 5AC -26- 103B4 N1/2 OF SW1/4 OF SW1/4 OF SE1/4 ORB 685 P 655

General Property Info

List Class
Apartment
Construction Status
Construction Complete
Acreage
8.22
Year Built
1979
SqFt Tot Bldg
0

Status Change Info

Under Contract Date
2019-09-10
Sold Date
2019-10-15
Sold Price/Acre
316301.7

Listing Info, Tax and Legal

HOA Fee
No

Remarks & Misc

Remarks
Two multifamily apartment complexes- Pinehurst Garden Apartments and Briarwood Garden Apartments. Properties are on two contiguous parcels being sold as a package with 136 units total. Heavily damaged from Hurricane Michael with tremendous upside potential. Entered for comps.

More Information

Financing

Cash
Yes

Floors in Unit/Home

One
Yes

Property Features

Financing: Cash
Listing Office: CENTURY 21 Commander Realty
Last Updated: October – 04 – 2024
Information deemed reliable but not guaranteed.