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6321 Lenawee Apartment is located in Panama City, FL. The property consists of four 2
two-story quad buildings and 1 two-story duplex. The property is owned/operated by two investors
looking to sell the property to divest their portfolio of investment properties and focus on retirement.
The apartment unit, like most homes and businesses in the surrounding area, was impacted by
Hurricane Michael. Fortunately, the owners were insured and have been working through the claim
process ever since. They have made a lot of progress in having the necessary renovations performed,
but they have experienced delays due to insurance company timeliness along with contractors
performance in executing the renovations. Currently, the property is at 80% occupancy, yet poised to
return to 100% occupancy.