100% passive income property. All of the tenants are lot renters. Tenants pay for all of their own utilities (water, sewer, electricity ) and the park does have city water and city sewer. 45 Individual meters in place. There are 15 vacant lots which are ready for more park owned homes or add your own trailers and make over 6 figure income here.
The property does have 2 parcels totaling 11 acres ( 9 acres and 2 acres ). Both parcels sit adjacent to one another. This is PRIME real estate property with alot of room to expand. RIGHT NEXT TO THE FREEWAY!
I do have a groundskeeper who maintains the property since I live in California. He cuts the grass around the vacant lots and makes sure everything is nice and tidy there. The groundskeeper is a tenant and receives free lot rent in lieu of his duties.
Sit back and collect the rental income the first week of every month. Thats all that is required with this property as it is 100% passive income.