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208 N Highway 22 A
Panama City, FL 32404

$3,100,000 USD

Manufactured Housing Mobile Home Park For Sale  •  202,118 SF

Property Details

  • Property Type Manufactured Housing Mobile Home Park
  • Total Building Size 202,118 SF
  • Lot Size 4.64 AC
  • Building Class C
  • Year Built 1997
  • Zoning CLWY23
0 Transit Score
54 Walk Score

Description 

See attached Offering Memorandum for more Information:

Stabilized Core with Value-Add Upside: 41 total pads with 24 pads currently occupied with 2021–2022 model 3 bed / 2 
bath POH homes (Legacy & Hamilton Homes), with rents from $1,395 to $1,600/mo. Duplex rents for $1,400/mo.       

New Infrastructure: Completed in the last 3 years: new sewer lines, full replacement of water lines, underground 
electric. Roads paved in 2025. 

Municipal Utilities: City sewer (direct billed), city water (bulk account, sub-metered and billed back), and dumpster 
trash service ($25/month billed back). ·       

Remote Ready with On-Demand Presence: Ideal setup for investors seeking hands-off operations with part-time or 
as-needed local support. 

Path to Increased Revenue: 17 vacant pads with in place utilities offer major upside. At $1,500 average POH rent, full 
occupancy yields ~$62,900/month or $754,800/year gross income.       

Exit Flexibility: 24 POH units valued at ~$1,680,000. Option to sell homes individually or maintain for income. Supports 
hold or resale strategy.

Highlights

City Utilities (sub metered)
Fully Upgraded Infrastructure – Electric, water supply lines, and sewer connections replaced in 2022–2023.
Stabilized Core with Value-Add Opportunities
Late-Model Housing Inventory – Most POHs are 2022 models or newer, minimizing repair capex.
Value-Add Potential – Below-market rents and vacant pads offer clear upside.
Efficient Site Mix – 41 MH pads + 1 duplex; 24 POHs in place and 17 vacant pads ready for infill.

Property Flyers

Public Transportation

AirportDriveWalkDistance
Northwest Florida Beaches International 42 min - 26.8 mi
Ryan Ramseur 770-422-4100 TRiCORE Commercial Real Estate
Ryan Ramseur 770-422-4100 TRiCORE Commercial Real Estate