PANAMA CITY / CHIPLEY MANUFACTURED HOUSING PORTFOLIO Multiple parcels (Kimbrel Ave, Berthe Ave, Blocker Church Rd, Hwy 77)

Kimbrel Ave, Berthe Ave, Blocker Church Rd, Hwy 77, Panama City Florida, 32404

Listing ID: CL-Florida-28245 Commercial Commercial Land
Published on: Tuesday, August 18, 2026 | Updated on: Tuesday, October 6, 2026

Listing Summary

Investment portfolio for sale in Northwest Florida: 8 MHP parcels across Panama City & Chipley featuring 27 occupied units generating $489.6K gross rent plus upside.

Full Description

Quick Glance

  • Listing ID: CL-Florida-28245
  • Status: Active
  • Year Build: N/A
  • Building Size: N/A
  • Lot Size: 7.50 Acr

Additional Links

Property Documents

Additional Contacts

No additional contacts available.

Complete Details

  • Total Lot Area: 7.50 Acr
  • No of Total Units: 8
  • Heating and Cooling: Not Specified

Lending Opportunities

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Company Name Lender Type Contact Name Contact Number
TheLoanProsTeam Mortgage Broker Roxanne Chung (754) 707-5877
Money Solutions, LLC Mortgage Broker Jennifer A. Judice (813) 431-5000

Pricing Details

  • Acquisition Option
  • Cap Rate (%)
  • Commission
  • Monthly Income
  • Rent
  • Move-in Cost
  • Lease Terms
  • Available From
  • Business Included

Additional Features

Highlights
  • Unmatched Market Scarcity: The only 2021/2023-vintage manufactured-housing rental product available in the 16-county Florida Panhandle. A 36-month market study revealed zero recent new-construction park trades in the region, with Washington County recordi
  • 100% Post-2020 Infrastructure: Completely rebuilt ground-up following Hurricane Michael. Kimbrel and Berthe communities feature brand-new underground electrical, sewer lines, water lines, and individual meters serving all 21 newer homes.
  • Custom-Grade Construction Standards: Homes built well above factory standards by a former custom home builder, featuring upgraded wall insulation with full vapor-barrier wrap over wood sheathing, aluminum roofs, double-pane insulated windows, central AC,
  • Irreplaceable Entitlements: The 6703 Cherry Street parcel is grandfathered for 7 mobile homes plus 1 RV site with utility stubs—a key competitive advantage, as Panama City no longer issues new manufactured-housing entitlements.
  • Turnkey Operations & Quality Tenancy: Screened, stable tenant base with low turnover and direct-deposit rent collection across both markets.
  • Streamlined Portfolio Management: Perfectly suited for an owner-operator, featuring active upside levers across all properties linked by a single, convenient 45-minute SR-77 corridor.
Features
  • GROSS ANNUAL RENT: $489,600
  • VALUE-ADD UNIT OPPORTUNITY : +15
  • PARCELS: 8
  • OCCUPIED UNITS: 27
  • TOTAL POTENTIAL UNITS (MAX BUILD-OUT): 42

Listing Location

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