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The Conversation: Private equity firms are snapping up mobile home parks − and driving out the residents who can least afford to lose them

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One of America’s most affordable paths to homeownership is slipping away.

At manufactured home parks – sometimes called trailer parks or mobile home parks – rents are rapidly rising due to large-scale buyouts by private equity firms.

Although private equity’s foray into the housing market is not new, the buyout of mobile home parks by investment firms is on the rise – with devastating consequences for residents. Over the past decade, rents in these parks have risen 45%, according to census data. Once a park is sold, the risk of eviction rises significantly in the following year.

I’m a poverty law attorney in Virginia, and many of my...

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At manufactured home parks – sometimes called trailer parks or mobile home parks – rents are rapidly rising due to large-scale buyouts by private equity firms.

No, rents are rising due to the simple fact that mobile home park lot rents are ridiculously low. The evidence? The average single-family home in the U.S. is over $400,000, the average apartment rent is over $2,000 per month and the average mobile home park lot rent is around $400 per month. This crap about how “private equity groups are conspiring to destroy the earth” is the ridiculous ramblings of total idiots or Elizabeth Warren – same difference.

Ocean State Media: For Portsmouth Town Councilor Sharlene Patton, the fight to buy a mobile home park remains an uphill battle

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Rhode Island is facing a housing crisis, and the problem could become more acute as investment firms try to scoop up mobile home parks across the state. But the residents of these trailer parks aren’t always at the mercy of outside investors. Rhode Island law allows the residents to exercise a right of first refusal if they agree to purchase the trailer park themselves.

Portsmouth Town Councilor Sharlene Patton is leading an effort to convince the residents of Sunny Acres Trailer Park to band together and buy it. They’re receiving help from an organization called the . As reported by the Providence...

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It’s a very unfair rock and a hard place that resident homeowners are put in. In today’s market where you have buyers like Crown Communities, the interested third party here — it’s a private equity company. The price escalation for these communities is incredible in the last five, certainly 10 years. Folks tell me like, “I like the idea of resident ownership. I literally just cannot build that into my budget. It should not be this momentous, expensive, insane process for me to become a landowner in addition to the homeowner here.”

Sure, raising $13 million shouldn’t be that big a deal, right? I’m shocked the park can’t just pass the hat and raise that amount over a weekend. How did people get this stupid?

CBS NEWS: Manufactured home park residents fighting for bill of rights in Minnesota

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Minnesota manufactured home park residents and lawmakers are speaking out against what they say are skyrocketing rents and unsafe living conditions.

At the Minnesota State Capitol Thursday, they placed the blame on out-of-state private equity firms that have been purchasing these communities in recent years.

State Sen. Liz Boldon and state Rep. Matt Norris, both Democrats, were authors of companion bills, introduced earlier this year, that would cap annual lot rent increases to 3% and give residents a chance to purchase the lot they live on.

"I had to go back to work after 30 years of hard work at UPS to afford my lot rent now," said Gwen...

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Minnesota manufactured home park residents and lawmakers are speaking out against what they say are skyrocketing rents and unsafe living conditions. At the Minnesota State Capitol Thursday, they placed the blame on out-of-state private equity firms that have been purchasing these communities in recent years.

Isn’t it a little odd that these weekly articles are always simply regurgitations of the same basic talking points, with this week’s special being “evil private equity groups”? Looks like all the little woke writers had a pizza party and shared ideas.

The Post-Record: Mobile home residents ask Rep. Gluesenkamp Perez for consistency on rules

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Last week, U.S. Rep Marie Gluesenkamp Perez, D-Skamania, met with residents of an east Vancouver mobile home park who fear it will be sold out from under them.

Vista Del Rio has been on the market for $41 million since April 2024. That has created uncertainty for the 300 or so residents, all 55 and older, many of whom are on fixed incomes. Owners of mobile homes in Vancouver’s 16 parks are not protected from the sale of the land where they rent spaces for their units. The parks can be sold and used for another purpose, requiring the homes to be moved or demolished.

During the meeting, Vista Del Rio residents urged Perez to redefine...

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During the meeting, Vista Del Rio residents urged Perez to redefine manufactured homes as real property …

In Washington state they apparently want to take the concept that you can be a boy, girl or animal based on your personal whim to the trailer park arena and allow personal property to identify as real property. This might go over with some idiot bureaucrats, but there’s no way the lending or titling community is going to go along with this.

Saco Bay News: Saco approves moratorium on rent increases in mobile home parks

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Mobile home parks are temporarily restricted from raising lot rents in Saco.

The Saco City Council on Monday unanimously approved a moratorium on rent increases in mobile home parks, which was awarded by hearty applause from residents of a local mobile home park.

The issue came to the forefront after several residents from Blue Haven Mobile Home Park off Route One spoke out at City Council meetings, asking for the city’s assistance.

Councilor Phil Hatch thanked all the residents who came up to the podium to speak to the Council, share their stories and ask for help.

“As hard as it was, I want you to know how impactful that is,” he...

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The Saco City Council on Monday unanimously approved a moratorium on rent increases in mobile home parks, which was awarded by hearty applause from residents of a local mobile home park.

Saco, Maine apparently wants all park owners to redevelop their properties into a different use. Please accommodate them and call your local land broker to figure out what the best use for the land might be – because clearly a mobile home park isn’t it.

The Monmouth Journal: Highlands ready to move forward with mobile home park redevelopment

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HIGHLANDS — The Borough of Highlands has announced they have reached an agreement with Scenic Highlands Owner, LLC, the redeveloper of the property formerly known as the Shadow Lawn Mobile Home Park off Route 36.

The official vote on the plan will be held at the Borough Council meeting Nov. 5 starting at 7 p.m. The public is invited to attend.

Highlights of the project for the property, called Scenic Highlands, include a five-story building with 292 residential units, 44 of those which will be affordable, a clubhouse and other amenities. There will also be two below grade buildings for onsite parking, with courtyards.

The redeveloper will...

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And another park bites the dust.

The News Tribune: Tacoma mobile-home park residents saved 59 sequoias. Now they hope to buy park

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A wall of sequoias over 100 feet fall abuts a 25-unit mobile home park in Eastside Tacoma. Crows perch in their blue-green branches. Resident Viola Stewart, who has lived there nine years, enjoys watching the wind rustle the needles.

In August, residents of the Ohana Estates at 8211 E. McKinley Ave. learned that 59 giant sequoias might be cut down. The incident prompted them to mobilize. By January, the neighbors plan to start a co-op to buy the community from their landlord, thus ensuring their housing stays affordable and the trees remain cared for.

Owner Kelly Verduin told The News Tribune on Oct. 21 that she’s owned the property with...

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In August, residents of the Ohana Estates at 8211 E. McKinley Ave. learned that 59 giant sequoias might be cut down. The incident prompted them to mobilize. By January, the neighbors plan to start a co-op to buy the community from their landlord, thus ensuring their housing stays affordable and the trees remain cared for.

There’s a pretty big difference between protesting trees from being cut down and lining up millions of dollars in financing to buy a park.

AZ Luminaria: AZ Luminaria and AZPM team up for “The Last Affordable Housing,” a new documentary about mobile homes

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Once seen as a symbol of independence and affordability, mobile home communities now face deadly heat, predatory management, inflated utility costs and few protections.

But over the last several years, a wave of organizing has risen that aims to address these issues and fill gaps in accountability. The goal: help make manufactured home communities in Pima County the thriving and affordable communities they could be.

Now a four-part documentary collaboration between Arizona Public Media and Arizona Luminaria, building on over a year of Luminaria’s coverage of heat and displacement in manufactured homes, investigates the hidden crises...

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Now a four-part documentary collaboration between Arizona Public Media and Arizona Luminaria, building on over a year of Luminaria’s coverage of heat and displacement in manufactured homes, investigates the hidden crises inside Southern Arizona’s mobile home parks. 

It’s refreshing to see there’s a new documentary on “evil mobile home park owners” since it’s such a fresh and original concept. But does anyone seriously think that even ten people want to see a four-part documentary about trailer parks in Arizona? Who funds these projects – the National Association of Boredom? In a world of Netflix, HBO, and YouTube, the only way you’d want to watch this woke nonsense is if you’re too poor to own a computer or too self-loathing to respect your time.

The Invading Sea: Mobile home residents face increased risks from severe weather

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Like most high desert towns, Madras, Oregon, is no stranger to extreme temperatures. 

Located about 2,250 feet above sea level in a dry valley surrounded by central Oregon’s Cascade Range, summers in Madras can reach triple-digits, and winters below freezing. 

Homes outfitted for both hot and cold days are necessary in this rural community – but never guaranteed. That’s because within Madras city limits, there are eight mobile home parks with 276 housing spaces total, according to Oregon’s manufactured dwelling park directory. 

Many of these manufactured homes are outdated and lack the heating, ventilation and air conditioning (HVAC)...

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Energy Trust, an Oregon-based nonprofit, runs a manufactured home replacement program that provides funding to replace homes built prior to 1995 with new builds. The program provides eligible applicants up to $16,000 to help pay for a new single or double-wide mobile home, and connects them with other agencies that can provide funding to pay for the replacement. Energy Trust also provides a program navigator to help applicants throughout the process. 

Here's the math. You can’t possibly make sense of trading in a paid-for home to get a new $80,000 one, get a rebate check of $16,000, and have a $64,000 mortgage to service. The payment on that new mortgage is more than ten times a month what the energy savings are. This is just plain stupid and this non-profit is literally ruining peoples’ lives by even suggesting this idiocy.

KTVB7: 'We are all stronger together': Mobile home park residents launch Idaho's first tenant union

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EAGLE, Idaho — Residents of a Treasure Valley mobile home park made state history Saturday by forming Idaho's first tenant union, with an overwhelming majority of households joining in what organizers are calling a "supermajority fighting tenant union."

The Treasure Valley Tenants Union announced that 84% of occupied households at Elevate Eagle Mobile Home Community (formerly Riviera Estates Mobile Home Park) have signed union cards to bargain collectively with their landlord, including at least 32 of 38 units. The launch took place at 3:15 p.m. at the park, located at 1298 Artesian Road in Eagle.

The union is seeking negotiations...

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The union shared its demands for negotiations with Elevate Commercial:

  • Rent reduction
  • Cancellation of back rent
  • Transparent rent and fee calculations
  • A collectively bargained lease

That’s not asking much, right? I might understand if this was in New York City right now – where a socialist is poised to become mayor – but this is Idaho, which is one of the reddest states in the U.S. But then, after the shock wore off, I looked up what a “tenant union” even means and here’s what AI says:

“A tenant union does not have statutory or governmental authority; its power comes from the collective action and solidarity of its members, similar to a labor union”. 

So basically a “tenant union” has about as much functional meaning as my old “Big Boy Hamburger Club” did in the 1960s. But for those few wokesters of Idaho, apparently the term “union” – however ridiculous – makes them smile.

Rep. Marie Gluesenkamp Perez: Gluesenkamp Perez Meets with Residents of Vista Del Rio Mobile Home Community

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VANCOUVER, WA – On Wednesday, Rep. Marie Gluesenkamp Perez (WA-03),visited the Vista Del Rio Mobile Home Community in Vancouver and met with residents to discuss the role manufactured homes can play in addressing the housing shortfall and building generational wealth. 

“Mobile and manufactured homes are one of the most cost-effective, achievable forms of affordable housing in our country and it’s one that is critical for seniors, people on fixed income and many veterans. More than 22 million Americans live in manufactured homes, but they have been largely neglected as a vehicle for building generational wealth and self-determination in...

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Washington state bureaucrats love their new rent control laws so much and can’t resist a good photo opportunity – even if it means going to a “trailer park” for a few minutes of pandering. Afterwards I’m sure they were off to the steakhouse to laugh about the event.

Northmarq: U.S. Manufactured Housing Investment Activity Surges During the First Half

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The manufactured housing sector performed well during the second quarter, with occupancy holding at peak levels and asking rents continuing to rise. Demand for manufactured housing remains strong alongside elevated new supply shipments. Nearly 54,000 units were shipped across the country during the first six months of the year, marking the second highest first-half total of the past decade, surpassed only by levels recorded in 2022. Despite continued supply growth, occupancy conditions have remained stable since approaching 95.0% in early 2024. The current rate of 94.9% is up 10 basis points annually. This tight occupancy has allowed...

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The manufactured housing sector performed well during the second quarter, with occupancy holding at peak levels and asking rents continuing to rise. Demand for manufactured housing remains strong alongside elevated new supply shipments. Nearly 54,000 units were shipped across the country during the first six months of the year, marking the second highest first-half total of the past decade, surpassed only by levels recorded in 2022. Despite continued supply growth, occupancy conditions have remained stable since approaching 95.0% in early 2024. The current rate of 94.9% is up 10 basis points annually. This tight occupancy has allowed operators to raise rents in recent periods. Asking rents trended higher by 7.0% during the past year to $752 per month. Rent growth has been steepest in the Southwest and West regions. Year over year, manufactured housing rents in the Southwest advanced by 7.9% while rents in the West rose 7.5%.

All great news but who comes up with these “average rent” numbers? How many parks do you know that have a $752 per month rent? That’s right, virtually none. The real number is more like $400 – about half of what this article says. Here’s what AI reports when asked the question: “As of late 2024 and early 2025, the average mobile home park lot rent in the U.S. typically ranges from $300 to $1,000 per month. However, the median figure is likely closer to the lower end of this range, with some experts citing around $300 to $400”. While I can see rents easily hitting $752 in the years ahead, that is absolutely not the norm today and that type of figure currently remains mostly the bastion of the REITs – who probably gave the data for this story.

NEW YORK POST: Oceanfront mobile home in a Hamptons trailer park asks $3.49M — and it could tie a local record

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Prices in Montauk’s “Best Kept Secret” are still making headlines. 

A $3.49 million mobile home just hit the market in East End’s Montauk Shores, a tony trailer park — long a crash pad for millionaires and even some billionaires — at the far reaches of the East End.

If sold at asking, the tiny oceanfront home would tie for the area’s most expensive price per square foot.

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Of all this week’s articles, this is the dumbest. Anyone who would pay $3.49 million for a mobile home – regardless of location – should be immediately confined to a mental health facility.

The Gazette: Mobile home park owner Havenpark agrees to in-person meeting with Johnson County Supervisors

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IOWA CITY — Utah-based Havenpark Communities, owner of mobile home parks across Johnson County, has agreed to an in-person meeting with the Johnson County Board of Supervisors.

Earlier this month, the board requested an in-person public meeting with Havenpark, after months of letters back and forth between the two entities.

Johnson County Residents United, a group that advocates for safe conditions in mobile home parks, has voiced concerns over rent increases, questionable water quality and poor park maintenance at Havenpark-owned properties. The group also has pushed for a two-year rent increase moratorium, but Havenpark has not...

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Meetings of the board of supervisors are subject to Iowa’s open meeting laws, which limit the reasons a meeting can be held in closed session.

Havenpark is a great company and every operator knows that they keep their properties up to meticulous standards. Claiming that they have been neglecting basic services is laughable. So it kind of makes sense that – when offered to meet face-to-face with the county to discuss these false allegations – the county isn’t sure they can make the meeting.

VC Star: Camarillo puts temporary cap on mobile home rents

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Mobile home park rents will be capped in the city of Camarillo — at least for the next six months.

The Camarillo City Council voted unanimously on Oct. 22 to temporarily block mobile home park owners from increasing parcel rents by more than 4.2% while the city works out the details for a potential permanent rent ordinance.

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Mobile home park rents will be capped in the city of Camarillo — at least for the next six months. The Camarillo City Council voted unanimously on Oct. 22 to temporarily block mobile home park owners from increasing parcel rents by more than 4.2% while the city works out the details for a potential permanent rent ordinance.

More of what California does best: over-regulate and force landlords to tear their parks down and put up uses that are less regulated. Perhaps that’s why there’s zero affordable housing there – they chased it all off.

WGEM: Quincy City Council approves regulations to mobile home parks

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[VIDEO] The Quincy City Council approved an ordinance to add new regulations and standards for mobile home parks.

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The Quincy City Council approved an ordinance to add new regulations and standards for mobile home parks.

Now we jump to Illinois, where the city of Quincy has decided to emulate California and drive park owners to consider if there aren’t better uses for their land than a simple “trailer park”.

The Press Democrat: Mobile home park owners file federal lawsuits in Windsor and Petaluma

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Mobile home park owners filed separate federal civil rights lawsuits Wednesday against the town of Windsor and the city of Petaluma, alleging municipal regulations governing park closures and rent increases illegally infringed on their property rights.

Members of the Ubaldi family own both Evergreen Mobile Estates in Windsor and Capri Mobile Villa in Petaluma, as well as four additional parks in Sonoma County and more than a dozen others in California.

They are challenging a recent temporary moratorium on park closures in Windsor and rules in Petaluma that block ownership from raising or negotiating higher rents in certain...

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Another case of park owners suing cities and counties for regulatory overreach, this time in California. Perhaps these bureaucrats missed the news bulletin that Biden is gone now and the law is back in vogue.

The Detroit News: Manufactured Housing Association files lawsuit against Warren

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The Michigan Manufactured Housing Association (MMHA) filed a complaint last week in Macomb County Circuit Court against the City of Warren, building director Kirk Rehn, and building inspector John Impellizzeri.

The complaint alleges the city and members of the building department are operating outside state statutes governing manufactured home communities and willfully and deliberately blocking or slowing down improvements at various mobile home communities around the city.

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The Michigan Manufactured Housing Association (MMHA) filed a complaint last week in Macomb County Circuit Court against the City of Warren, building director Kirk Rehn, and building inspector John Impellizzeri.

You’ll see a lot more of this going forward as city and state governments have often gone too far and park owners are having to fight back. It’s great that the state association, in this case, had the gumption to lead the charge.

Palisades News: Filming Spot for ‘Succession’, Mobile Home Park among Palisades Properties Declared Public Nuisances

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Each property was damaged during recent wildfires and failed to meet the city’s Oct. 2 deadline to clear ash, rubble, and fire debris

Los Angeles officials have declared eight fire-damaged properties in the upscale Pacific Palisades neighborhood public nuisances, citing health and safety risks from toxic debris that remains uncleared nearly two weeks after a city-imposed deadline.

The Board of Building and Safety Commissioners voted unanimously on Oct. 8 to designate the properties — a mix of luxury estates, multifamily units and mobile home parks — as public nuisances under the city’s municipal code. The move empowers the city to...

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And another park bites the dust.

WTSP: Residents being relocated as Pinellas County mobile home park faces rezoning

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ST. PETERSBURG, Fla. — A flood-damaged mobile home park in Pinellas County could soon be redeveloped, but as plans move forward, some residents say they’re being pushed out of the only community they’ve known for years.

The Twin City Mobile Home Park was hit hard by last year’s hurricanes. Many of the homes were deemed uninhabitable, and now the property owner is asking the county to rezone the land from Residential Mobile/Manufactured Home to Multifamily Residential. The change would allow up to 266 housing units, compared to 64 now.

As part of the rezoning process, residents are being cleared from the property. County records show...

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And another park bites the dust.

WFAE: Mobile home park residents facing displacement say $5,500 relocation offer isn't enough

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Residents of a mobile home park off Prosperity Church Road in northeast Charlotte could soon have to move, as a developer plans to buy the land and build apartments and stores. However, residents say the relocation assistance they’re being offered isn’t enough.

Forest Park Mobile Homes residents say they are being provided $5,500 to relocate. Developer Wood Partners plans to build nearly 400 apartments and 25,000 square feet of commercial space.

The park now has about 60 homes, many owned by working-class immigrant families. Residents own their homes, not the land, but many have made additions, investing tens of thousands of dollars, that...

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Developer Wood Partners plans to build nearly 400 apartments and 25,000 square feet of commercial space.

Jamming 400 apartment units on a 60-space mobile home park parcel is not hard as you can take an apartment complex up several stories and a mobile home park is only on one level. There’s no way a mobile home park can compete with that alternative use. As more park owners figure this out – spurred on by rent control and ridiculous laws –the faster park redevelopment will accelerate.

And, as I’ve said hundreds of times, another park bites the dust.

The Business Journal: Fresno awarded $5M to repurpose beleaguered mobile home park

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The City of Fresno has been awarded $4.9 million from California’s Homekey+ Program to help preserve and revitalize La Hacienda Mobile Estates, formerly known as Trails End Mobile Home Park at 104 E. Sierra Ave., the city announced Thursday.   

The funding will be used to create affordable and permanent housing for homeless veterans.

The city is partnering with Self-Help Enterprise (SHE) and will use the funds to purchase and install 18 new manufactured homes — 12 one-bedroom and six two-bedroom units for veterans facing homelessness, mental health issues or substance use challenges. 

The funding will also preserve the existing mobile...

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And another park bites the dust.

WSVN: About 220 Li’l Abner Mobile Home Park residents evicted as new property owners continue demolition

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SWEETWATER, FLA. (WSVN) - Deputies are kicking residents out of a nearly fully demolished mobile home park in Sweetwater, months after they were ordered to leave.

7News cameras on Monday captures the remaining residents of Li’l Abner Mobile Home Park as they packed up their belongings.

Between Monday and Tuesday, Miami-Dade Sheriff’s Office deputies served eviction notices for the around 220 residents who did not leave after a developer purchased the property and gave notice to the tenants.

“We don’t know where we’re gonna go,” said Enrique, a resident who turned down the developer’s settlement offer.

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And another park bites the dust.

The Aspen Times: Roaring Fork Valley mobile homes purchase closes

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Residents’ purchase of two mobile home parks in the Roaring Fork Valley closed on Wednesday at around 4 p.m. as ink dried on the contract between the seller, Investment Property Group, and the residents of the Aspen Basalt and Mountain Valley Mobile Home Parks.

This officially kicks off a new chapter for the two parks as resident-owned communities. 

“From that first meeting when the purchase price felt out of reach to closing day, the residents of Aspen Basalt never stopped believing in what was possible,” Tim Townsend, the program director of Thistle, a nonprofit that assisted the two parks in their purchase, said in a press release...

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Residents of two parks now own the land under their feet via resident-ownership, but with higher rent

So after forging a Frankenstein smorgasbord of financing that will probably collapse in five years (just like those 4 ROC bankruptcies in Canon City already have) the residents ENDED UP PAYING THE SAME MONTHLY RENT THEY WOULD HAVE PAID WITH A PRIVATE EQUITY BUYER, EXCEPT THE RESIDENTS WILL BE UNABLE TO COLLECT RENT OR ENFORCE RULES FROM THEIR PEERS NOR HAVE THE MONEY TO MAKE MAJOR CAP-X IMPROVEMENTS. What a great combo: higher rent and lower quality of life. Way to go, non-profits!

Yahoo! News: Chicopee mobile home case heard in Appellate Court session at Western New England School of Law

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SPRINGFIELD — Tenants of a Chicopee mobile home park have been in a court battle with both the city’s mobile home rental control board and the owner of the park since 2023.

On Wednesday morning, appeal arguments were heard in a special sitting of three Appellate Court associate justices at Western New England University’s School of Law in front of a room of students.

The appellate review process is the last resort for the majority of state litigants seeking relief from an appeal, according to the court.

Linda Ducharme, a resident of Holiday Park Phase I, a mobile home park on Holiday Circle Road in Chicopee, filed her original complaint...

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The housing court judge also could not review the hearing because the recording of the board’s hearing was repeatedly inaudible. He ultimately said that the rights of the tenants may have been prejudiced because the board did not afford them the opportunity for a “full and fair hearing,” violating their due process rights, according to court documents

Are these people nuts? Who would want to own a mobile home park when this is considered sensible by the court system? A smart owner would surely just tear their park down and put in a better use.