RESIDENT OWNED PARKS, INC. A Nonprofit Housing Corporation
ROP News and Updates
Established in 2001 at the request of mobilehome owners, Resident Owned Parks, Inc.(ROP) has the experience and expertise to guide mobilehome owners through the complexities of a mobilehome park acquisition. Most mobilehome owners face increasing space rents which outpace increases in their pensions and Social Security. Many mobilehome owners dream of gaining ownership of their parks, but beyond the dream lies a formidable challenge. How should the park owner be approached? How do you negotiate the purchase of the park? What financing is available for a park purchase? Who determines the condition of the common area infrastructure, such as the gas, electrical, septic, sewer, drainage and water systems? What form of park purchase would best serve the interests of park residents? Who will manage and maintain the park?
The team of professionals at ROP has the legal, financial, real estate, consulting, and property management experience and expertise to make the dream of park ownership a reality. The leaders of ROP have a proven 30-year track record of representing the interests of mobilehome owners. By meeting with residents of a park and conferring as to their desires and financial abilities, ROP can determine the form of park purchase which would best serve the interests of homeowners. Whether a limited equity cooperative (LEC), or a nonprofit purchase by ROP for the benefit of mobilehome owners, we have the right form of park purchase to meet your needs.
Welcome to ROP
Resident Owned Parks, Inc. 7420 Greenhaven Drive, Suite 125
Sacramento, California 95831 Copyright by Resident Owned Parks, Inc.