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Thursday, May 30, 2024

Mobile Home Communities are like Small Cities

Living in a mobile home park community is like living in a small private city. The streets, sewer system, water, gas and electric systems, street lighting, facilities like recreation areas, clubhouses and pools are all owned and maintained by the park owner.  

The cost to maintain and replace these services and facilities when needed is significant. Mobile home owners who rent a lot in a park pay rent that is used to pay for these services. The cost to provide these services increases every year. Due to inflation, the costs are continuing to increase, which will mean rent adjustments to manage the increase in costs.