Manufactured Home Community Sold, being Upgraded

san_luis_ibispo__mission_mobile_park__dmiddlecamp_at_thetribunenewsThe Mission Trailer Park in downtown San Luis Obispo, CA which opened in the 1940s, has been sold and vacated, and after undergoing extensive infrastructure work will reopen with new manufactured homes as Mountain View Terrace.

The county assessor’s office indicates the new owner is Higuera Commons LLC, a private investment firm, reports sanluisobispo to MHProNews. John Belsher, of PB Companies, which is a private finance and investment firm, said, “We’re making it a modern park,” Belsher said, adding, “but it’s going to provide working-class housing in downtown San Luis Obispo — that’s what it’s aimed at.”

After PB bought the community, a former resident of 26 years at Mission Park said Belsher went out of his way to help the 20 residences that had to be moved. “I’ll give Belsher this — he did a pretty good job of relocating everyone,” Craig Steffens said. “He managed to get the homeowners of the park relocated to units that were two to three times bigger than they had before.

And (with) the renters he went way above and beyond because you only have to give them a 30-day notice, but he gave them all kinds of assistance with moving and security deposits.

All of the residents were moved within a year, says Belsher. The new manufactured home community will have 30 home sites instead of the original 33. ##

(Photo credit: dmiddlecamp@thetribune–Mountain View Terrace in the making)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

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