Why Trailer Parks?
Habitat for Humanity of Greater Charlottesville currently owns two trailer parks, Sunrise Trailer Court in the City of Charlottesville and Southwood Mobile Home Park in Albemarle County. Habitat purchased these properties for both moral and strategic reasons: to prevent summary displacement of residents, and to take advantage of the redevelopment potential of two well-situated properties.
Residents of trailer parks are often extremely vulnerable to redevelopment pressures.
- When trailer parks are up for sale, residents may have no place to move their home within their community.
- Occupancy rates of trailer parks in this and other areas of the nation is typically near 100 percent.
- Many trailers are depreciating assets that decay, and owners may find that their trailer is actually worth less than the cost of moving or even demolition.
Habitat purchased Sunrise Trailer Court in 2004 to stop the displacement of its residents. In 2007, Habitat was approached by the owner of Southwood Mobile Home Park, and once again we saw an opportunity to protect residents and plan for future growth.