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Mixed-Use Land for Sale in Hazel Green, Alabama

2364 Elkwood Section Rd, Hazel Green, AL 35750

$397,000
2.7 acres
Active
Est $2,074/mo

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.

Sq feet

Location

Street address
2364 Elkwood Section Rd
Elevation
873 feet
Coordinates
34.9766, -86.6629

Directions

Hwy 53 North Rt. On Elkwood Section Road. Property On Right After Terry Lane Or Hwy 53 North Rt. On Old Railroad Bed Rt. On Elkwood Section Rd.

Property details

Acreage
2.7 acres
MLS #
NALMLS 21894171
Posted

Parcels

  • 139868

Details and features

Listing

Type
Commercial Sale

Structure

Stories
1

Listing history

DateEventPriceChangeSource
July 15, 2025New listing$397,000NALMLS
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This 2.7-acre property is located at 2364 Elkwood Section Rd in Hazel Green, AL 35750. The property is available for sale for $397,000. It has a structure.

Checked 23 mins ago — Updated

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