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COMMERCIAL - Hazel Green, AL
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.
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