2364 Elkwood Section Road new Save Request In-Person Tour Request Virtual Tour
Hazel Green,AL 35750
Key Details
Property Type Commercial
Sub Type COMMERCIAL
Listing Status Active
Purchase Type For Sale
MLS Listing ID 21894171
Lot Size 2.700 Acres
Property Sub-Type COMMERCIAL
Property Description
This is an exceptional chance to acquire and develop a current mobile home park that generates $65,000 in annual income, cap rate of over 15%. The property is already a profitable investment, offering significant upside potential for savvy developers or investors looking to maximize returns. Key Features: Current Annual Income: $65,000 Cap Rate: Approx. 15%+ Solid Tenant Base: Established park with a steady cash flow from existing residents. Plenty of room for expansion with engineers site plan included in documents.
Location
State AL
County Madison
Building
Sewer Septic Tank
Water Public
New Construction No