Investment Property Group
News

Pleasanton CA, mobile home park owner settle $29.1 million suit

March 4, 2010 by · Leave a Comment 

After a six month legal battle, the park owner and City agree to settle. The City has approved the sale of a 208 space MHP to the park residents with certain concessions from the park owner. Read article here.

Looks like the residents of “Marina Park” will get to stay a little longer

March 2, 2010 by · Leave a Comment 

The city of Newport Beach cannot afford to move forward with plans to tear down a  bay front Mobile Home Community it currently owns and build a city park. Read article here.

House Bill will exempt inexpensive manufactured homes from property taxes

February 23, 2010 by · Leave a Comment 

Residents in Multnomah, Washington, Clackamas and Lane counties who own inexpensive manufactured homes may soon get a pass on property taxes. Read article here.

City of Palm Springs fails to stop Mobile Home Park subdivision

February 22, 2010 by · Leave a Comment 

City of Palm Springs tried to deny the conversion of the Palm Springs View Estates Mobile Home Park to a subdivision with individual lots which could be sold to individual park residents. Palm Springs Investment Co. vs City of Palm Springs

Fight over mobile home park housing likely headed back to court

January 27, 2010 by · Leave a Comment 

A park owner in Soquel, CA (Santa Cruz County) is trying to subdivide his mobile home park. Read article here

Grover Beach moves to regulate mobile-home park conversions

January 18, 2010 by · Leave a Comment 

Like many areas in OR, WA and CA, Grover City Beach is making a mobile home park conversion more difficult.
“To obtain a conversion permit, a park owner would have to distribute a questionnaire to residents and hire a relocation specialist to help prepare a conversion impact report and help residents find alternate housing.
The park owner [...]

Ventura Mobile Home Park Being Sold to Residents

December 29, 2009 by · Leave a Comment 

If you are a California rent control mobile home park owner….take notice!!!!!
I just read this morning that a well maintained, 40 year old, 125 space rent control park is being sold to the park residents. This sale reportedly could bring in up to $200k per space! The park residents will have the option to either [...]

Mobile Home Sells for $1,060,000 in Malibu

December 8, 2009 by · Leave a Comment 

I read this morning that a mobile home sold for $1,060,000 in a Malibu mobile home park. See this blog post.
Malibu, like Santa Cruz, Sequel etc.,  is one of the many cities with a rent control ordinance that allows park residents to benefit (at the expense of the park owner) when selling a mobile home [...]

New Oregon Mobile Home Park Liability Case 11/18/09

December 1, 2009 by · Leave a Comment 

If you own a mobile home park and one of your tenants coaches is unsafe, you may be liable.
This case involved a guest of a park resident, that fell down the entry stairs of a coach and sued both the coach owner and the mobile home park owner. The park owner filed for summary judgment [...]

Tumwater property rights case will be interesting

December 1, 2009 by · Leave a Comment 

THE OLYMPIAN | • Published December 01, 2009

The city of Tumwater is plowing new ground with two ordinances passed this year aimed at protecting the rights of mobile home park residents who simply want to stay in their residential mobile home park.
On the other side of the issue are the park owners who insist [...]

Next Page »

Investment Property Group