Mobile Home Park Filling Up With Water

The Chimney Park mobile home park in Mission, Texas is filling up with flood water – and half of the mobile homes in the park are already under water. Nancy Martinez, a park resident, said “I didn’t think it was going to be that deep. I rolled up my pants and the water came up to my waist by the time I got up to my trailer.” Read more »

Don’t Miss Out On Our Mobile Home Park Investor’s Boot Camp On July 16th, 17th And 18th In Dallas, Texas

Time is running out to sign up for the Mobile Home Park Investor’s Boot Camp that’s coming up in Dallas a week from Friday. This is the best, most thorough thing we do, and you will be amazed at how much you will learn over three days of total immersion. Read more »

Kentucky Mobile Home Park Sizzles With No Electricity

Mosby’s Point Mobile Home Park in Florence, Kentucky has no electricity. And it will be a while until they get it back. Meanwhile, the residents are left to cope with excessive heat and no air-conditioning.

The power to the park was lost when Duke Energy’s lines that serviced the park burned out. Read more »

Iowa City Proposes To Build Levee To Protect Mobile Home Parks

The city of Iowa City, Iowa is considering building a 2,700 foot long levee to protect the Baculis and Thatcher mobile home parks from flooding. With 160 combined lots and around 400 residents, the city believes that the levee is the best way to protect these residents from the type of floods that were experienced in 1993 and 2008. Read more »

Brokering mobile home parks & manufactured home communities throughout the U.S

Appreciation & Real Estate
A myth that many homeowners, commercial real estate investors and Realtors believe is that real estate always appreciates.  Lots of home buyers and lenders are left holding the bag during the current sub- prime housing meltdown.  It’s the same way with investing in parks or communities or even stocks.  Real estate appreciation and falling values both depend on many things:  lending terms, interest rates,   demand, tax policy and more. Even if you faithfully raise your rent every year and your expenses stay flat or at least your income growth outpaces the expenses—your community doesn’t necessarily increase in value.  Currently the biggest reasons why parks and communities aren’t appreciating: Read more »

Boston Residents Concerned About Proposed Mobile Home Park

An application for a proposed new 110 lot mobile home park on Boston State Road was tabled after more questions came up concerning the development. “We have a lot more to question” said Patricia Hacker, the Town Board Vice-Chairwoman. Read more »

Arc Debt Goes Into Restructuring

Hedge fund Farallon Capital Management is facing a restructuring of around $1.53 billion in debt it took on as part of its $1.8 billion leveraged buyout of Affordable Residential Communities, LLC. Included are around 260 mobile home parks in 23 states, with over 55,000 lots. Read more »

Lubbock Mobile Home Park To Have Water Shut Off

The City of Slaton, Texas is threatening to turn the water off to the Slaton Mobile Home Park for non-payment of over $25,000 in water bills.

Park owner Kenney Shipley says that the bills are wrong, and have been in error since the city installed a new water meter. Read more »

Oklahoma Woman Arrested For Stealing Mobile Home

A Catoosa, Oklahoma woman has been arrested for the theft of a mobile home. 35-year old Jennifer Welch was booked on charges of grand larceny in this case.

The owner of the mobile home had it listed for sale, and was shocked when they received a deposit refund for removing the home. They immediately called the police. Read more »

Sherwood Village Mobile Home Park Owner Pleads Guilty To Zoning Violations

Sentry Property Management, the company that owns Sherwood Village Mobile Home Park in Washington, Pennsylvania, has pleased guilty to five counts of violating local zoning ordinances. Sentry as fined $5,000 by the township. Read more »