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Trailer Parks Aiea HI

Whether you call them trailer parks, mobile home parks, or the more accurate term Manufactured Home Land Lease Communities, since the early 40´s they have played an important part in our Nations affordable housing. Initially they were a convenient source of low cost housing for factory workers during WWII, and after the war as alternative to site built homes for low and moderate income housing needs.

Re/Max Honolulu
(808) 951-3200
1357 Kapiolani BlvdSte 870
Honolulu, HI
 
Re/Max Honolulu
(808) 687-8900
338 Kamokila BlvdSte 206
Kapolei, HI
 
JDS Consulting
(808) 344-1264
1515 Nuuanu Ave
Honolulu, HI
 
Grubb & Ellis Co
(808) 942-7100
1000 Bishop St Ste 909
Honolulu, HI

Data Provided by:
Marlene'S Realty
(808) 239-8100
47-388 Hui Iwa St
Kaneohe, HI
 
Re/Max Kai Lani
(808) 237-5300
1051 Keolu DrSte 107
Kailua, HI
 
Universal Sites
(808) 487-7260
98-030 Hekaha St Ste 24
Aiea, HI

Data Provided by:
Makiki Realty Inc
(808) 596-8262
1150 S King St Ste 901C
Honolulu, HI

Data Provided by:
Real Value Solution Appraisals/ERC
(808) 778-7440
91-1015 Kai Uhu St.
Ewa Beach, HI
 
One Kalakaua Realty
(808) 949-1111
45 221 Ka Hanahou Cir
Kaneohe, HI
 
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The Case for Land Lease Communities

The Case for Land Lease Communities
Sun 05/11/08 04:59:14 pm
by Ed Hicks

Ed HicksWhether you call them trailer parks, mobile home parks, or the more accurate term Manufactured Home Land Lease Communities, since the early 40´s they have played an important part in our Nations affordable housing. Initially they were a convenient source of low cost housing for factory workers during WWII, and after the war as alternative to site built homes for low and moderate income housing needs.

Today they seem to be in demise. Or are they, and should they be?

With ever increasing difficulties in obtaining zoning and land use approvals from local governments, and the lack of viable chattel financing for home buyers, with the occasional exception of an age 55+ age restricted community, there are virtually no new ones being built. And, those previously built in areas where population growth has encroached,they are often being dismantled for a higher and better land use. So in fact, the actual inventory of home sites available for leasing to residents for their homes is diminishing.

Reasons for the failure to obtain land use and zoning approvals range from perceptions by lawmakers of lower taxes generated on a given site when compared to site built housing, to perceptions of lowering neighborhood property values and mis-truths about wind safety and construction quality. None of these objections are valid, but perception is reality in the eyes of many politicians or their misguided appointees to planning commissions.

A well-managed investment grade manufactured home land lease community provides residents with many features not available in site built housing. First, residents are screened for previous violations of criminal laws and for any outstanding wants and warrants. So, the likelihood of having a convicted child molester or drug dealer as a neighbor is minimized. Next, their credit and employment records are reviewed to assure management and their neighbors of their past history of financial responsibility, and ability to meet future obligations.

Once properly screened the must agree to a binding real property lease with it´s associated community guidelines for living which include rules and regulations for the benefit the management and for all community residents. A failure to meet financial obligations, properly maintain their home, or keep lease agreement terms and conditions results in first a warning, then the threat of eviction of their home and all residents which reside there, which may be at great expense. Most evictions are a non-judicial process , which is generally easy and timely on behalf of management and the other community residents.

Residents' homes which are properly maintained in well managed communities generally continue to increase in value at about the same or higher rate than may be found in nearby similar site built homes, provided adqua...

Click here to read the rest of the article from mobilehome.com


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