The manufactured homes in Marina Park manufactured housing community (MHC) in Newport Beach, California were bought by the city for $35,000 each in 2007 as the result of a settlement agreement after the MHC closed. Set to become a public park, the city had awarded a $405,000 contract to a demolition company to dispose of as needed when Amber Monte of Investment Property Group, owner of 70 MHCs in the western U. S. agreed to buy 30 of the remaining 60 homes. “They were all in decent condition, and they’re totally movable,” she noted to MHProNews. Abe Arrigotti, president of Sierra Corporate Management, which owns 35 MHCs, according to dailypilot.com, bought 17 of the homes to relocate. Eleven others were deemed unsound structurally and will be demolished.
(Photo credit: Scott Smeltzer/dailypilot.com)