California mobile home park doubles rent on senior residents after sale

Residents of the Crestview Hills Mobile Home Park in Fallbrook, CA, are facing two rent increases this year as the community is under new ownership.The 55-and-older community was recently purchased by a new owner, which informed the residents of a second rent increase due to a property tax reassessment.“The recent sale of Crestview Hills will result in a substantial and near-term property tax reassessment, including supplemental property taxes payable by the new owner.And higher ongoing annual property taxes,” reads the letter, according to KGTV.The management company provided tenants with information about a subsidized rent program in addition to informing them about the additional increase.Resident Rita Burn, who provided KGTV with the letter from the company, said that her rent has nearly doubled since she moved into Crestview Hills.When Burn moved into the park when she retired in 2017, she paid $825 a month for rent.

Now, her rent is $1,600 per month and could climb higher if a second increase goes through.Burn, who is on a fixed income, was shocked to find out a second increase was coming.“I couldn’t believe it.I mean, I had heard rumors that it was gonna happen and then we got the letter,” she told KGTV.A spokesperson from the park’s management company, Cabrillo Management Corporation, told Realtor.com that the rent increase was calculated based upon two elements: the replacement of the park’s sewer system and the anticipated increase in property taxes following the park’s sale.“This increase covers the cost of the sewer system and the estimated property tax increase costs moving forward.

Please know that this increase is not profitable to ownership this simply covers increased operating cost,” read the company’s emailed statement.The email noted that Crestview Hills is a “five star community” with a clubhouse, pool and Jacuzzi, dog park, and fitness center, and that “continued investment helps maintain the quality of the...