Passive Income Revenue Property. 17 Mobile Home Pads with six occupied tenant owned mobile home pads paying pad rent and their own utilities. There are no park owned homes. A total of 2.59 acres of land situated in the Town of Foam Lake where the town is responsible for the maintenance of the roads and services. Taxes are a combination of property tax and the provincial mobile home tax per trailer. Currently there is no property management and the tenants pay the pad rent via EFT. Long term tenants, excellent location and well maintained. Its an investment that has little risk when compared to other investments and the opportunity to renovate and fill the remaining pads will quadruple the income. (id:27476)
