Wednesday, December 23, 2020

Big investors are buying mobile home parks and upending the lives of residents

The community features organized activities for residents and newsletters to keep neighbors informed of events and happenings around town. Transportation options are convenient for access to area shops, grocery stores, the local senior center, and more. Clean, quiet, and brimming with charm, Royal Crest Mobile Estates could be just what you’ve been looking for. Greenery covers the neighborhood, creating a serene living environment for our residents. Caring management makes sure you have everything you need to settle in. Royal Crest is a 205-space, age-restricted, private community located in the Campton Heights area of Fortuna.

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Some residents said neighbors were paid $5,000 to leave and turn over their trailers. Others who have stayed longer have managed to negotiate payments up to $25,000, advocates said. “It really requires a lot of resident buy-in," said Nora Gosselin, of the nonprofit Cooperative Development Institute, which helps advise residents on buying their mobile homes. Boarded up and abandoned trailers at Lee’s Trailer Park in Revere. (Jesse Costa/WBUR)Some observers also fault the current and former owners for failing to maintain the park over the years.

Sun Graph for Anaheim Royal Mobile Home Park

Royal Court is a Mobile Home Community on the outskirts of Loganville Georgia. We're close to the city for shopping, entertainment, and restaurants but far enough away to provide the peaceful and quiet country living experience. Purchase will include 9 additional FREE application submissions to participating properties. Royal Mobile Park is an apartment community located in Clark County and the ZIP Code. This area is served by the Clark County attendance zone.

royal mobile home park

Moreover, they say, mobile home owners are particularly vulnerable to bad landlords because, contrary to the name, mobile homes aren't actually all that mobile. Once they are trucked to a park and attached to a foundation, they are often too expensive or difficult to relocate. So owners usually have to sell or abandon their mobile homes in order to move. Listings include detailed information about the floor plans, amenities and more. Location Check out the interactive map of our community, get directions from your current location and see our address and contact information.

Oktober 2022 — Sun in Anaheim Royal Mobile Home Park

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royal mobile home park

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Similar Mobile Home Parks

(Jesse Costa/WBUR)Royal Crest is a neatly-kept community, and residents say they cherish living there because it's like a small village. (Jesse Costa/WBUR)Advocates are hoping to help residents of many other communities organize similar buyouts. That means residents, rather than outside investors, will finally control the land beneath their homes.

royal mobile home park

(Jesse Costa/WBUR)Piazza, a retired court officer and harbor captain, said he'll get $6,000 for his trailer, less than one-third of what he paid for it years ago. Some of those remaining said they have until September to leave. Yet moving can be hard on residents, especially seniors who never planned to move. And rents in Revere average more than $2,500 — nearly five times the typical cost of renting a lot at Lee's.

Here at this community, the community staff is ready to help match you with your perfect floorplan option. Be sure to come for a visit to see the available floorplan options. Contact us or drop by the leasing office to check the availability and set up a tour today and find your new place at Royal Mobile Park. Up to a $1,500 match applies to homes with a sales price from $15,000 to $24,999. Homes with a sale price less than $15,000 do not qualify for matching funds.

Still, more and more residents are taking on the challenge. Of the state's 250 mobile home parks, about 1 in 5 are now owned by residents — double the number bought up by big investment companies over the last decade. “It's a fad right now,” said Megan Haggerty, a New York real estate investor and broker who's planning to enter the Massachusetts mobile homes market. Haggerty has personally bought and sold several parks and brokered deals for larger investors. The 84-year-old planned to spend the rest of his days at Lee's Trailer Park.

Below are rent ranges for similar nearby apartments

John Piazza adjusts a picture frame in his trailer at Lee’s Trailer Park in Revere. (Jesse Costa/WBUR)All across the country, investors are buying mobile home parks like the one in Revere, upending the lives of residents who have lived there, often for decades. In some parks, the new owners have cleared mobile homes to make way for new development. Lee's new owner, Parkway Homes, wouldn't agree to an interview. A city councilor said the development will likely create an unspecified number of upscale apartments, including roughly 50 units of affordable housing. Royal Crest is a quiet 55+ community, located in Northern California and is nestled in a redwood forest with the Eel River and Pacific Northwest coastline surrounding it.

royal mobile home park

Royal Mobile Park has 3 shopping centers within 0.9 miles, which is about a 17-minute walk. The miles and minutes will be for the farthest away property. This community can be found on Vegas Valley Dr. in the area of Las Vegas.

Piazza hopes a museum will take the tool, called an adz, but he'll likely have to toss much of the rest of his collection. Outside his home, there were shopping carts filled with dusty LPs, a hand-cranked apple peeler and tools he can't identify — all destined for the dumpster. "The whole place is gone," Piazza said, sitting in his mobile home, one of the few still left at the park. Piazza fell in love with a 720-square-foot mobile home, finding it more spacious and affordable than his small apartment in the North End. “I am so thankful to be part of this loving Community and neighborhood. We arrived here 3 years ago, my husband’s sisters followed us here shortly thereafter, and my daughter and her husband are looking forward to a future here at some point.

royal mobile home park

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