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Updated over 2 years ago,
I’ve got the land, but can it produce a cash crop?
South Mississippi - I purchased a tract of land as an investment (51 acres), the land is flat and has over 2,500’ of road frontage on one side and around 100’ of frontage on another side. I think this property would be a prime location for a Mobile Home Park, no issues with the city/county, no covenants…. There is definitely a housing need in this area, but can a new Mobile Home Park cash flow? Or will this be a hard row to hoe?