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As land values rise in Phoenix area, mobile-home parks disappear

Posted by   /  July 25, 2018  /  No Comments

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North Phoenix mobile home. / Apartments.com.

 

By Catherine Reagor and Jerod MacDonald-Evoy | Arizona Republic

Almost 85,000 trailers, manufactured homes and mobile homes dot metro Phoenix.

The Phoenix area has historically had a higher percentage of households living in factory-built homes than other major cities around the West. These mobile-home parks have been a significant part of metro Phoenix’s housing market since the 1950s, particularly for retirees and low-income families.

But as house and land values rise, mobile-home parks are being increasingly pushed out of the Valley’s more urban areas. Investors are buying a record number of parks this year, according to an analysis of sales by The Arizona Republic.

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