Posted by Rick Lee on January 09, 2008 at 06:08:39:
Good points Ryan,
Additionally, it is important to know how big the lots are, if they will accept large modern homes, if not the value is severely limited by the size & condition of the obsolete units.
10 units per acre is about max density, so you may be ok.
Also is the electric service up to codes for modern homes? Most likely not, they need to be 200 amp service. If not that will be a major project, and a fairly expensive one.
Lastly, you need permission, in writing, from the local governing body, that you can replace the units.
Many old parks are “grandfathered in” and will be allowed to remain as is, but not be upgraded.
They will also want the electric service to be brought up to code, which may be possible one at a time w/overhead service, but w/underground you will need to do it all, most likely.