Bill Dahlin of the Hart, King & Coldren law firm in California has notified MHProNews.com of its success in finally achieving a rent increase for Brentwood Mobilehome Park in Chula Vista, CA. The San Diego County Superior Court approved a $78.00 a month permanent rent adjustment which the city’s Rent Review Commission formally adopted. Brentwood first applied for the increase two years ago and has expended considerable resources seeking a reasonable return on investment. An adjustment of $45 a month spread over a three year period had previously been granted, but was challenged in court by Brentwood for being less than 50 percent of what had been requested. Last year Chula Vista amended its rent control ordinance to allow MHC owners to adjust home sites rents to market rate once a resident leaves. Attorney Dahlin notes with a turnover of 8-10 percent a year, community owners should be able to charge rent sufficient to keep pace with inflation, cover costs, and provide a reasonable return on investment.
(Photo credit: Brentwood Mobilehome Park)