A residential community offering manufactured housing on leased land, this type of property provides a cost-effective alternative to traditional homeownership. Residents typically own their mobile home but rent the land upon which it sits, covering costs for amenities, infrastructure, and common area maintenance.
The appeal of this housing option stems from affordability, fostering a sense of community, and offering manageable living spaces. Historically, these parks have provided housing for diverse demographics, including retirees, young families, and individuals seeking budget-friendly accommodations. They contribute to the local economy by generating property taxes and supporting local businesses.
