Residents of the Pines Trailer Park — once besieged with worries over the sale of their home sites — now may worry if they can afford to stay in their homes under the park’s new ownership.
Pines Park Investors LLC announced its purchase of the mobile home park, 103 Church Ave., Bradenton Beach, Sept. 12 from longtime owners Jackson Partnership for $16,250,000, including all park-owned land, buildings and mobile homes, vehicles, equipment and materials.
On Sept. 29, 17 days after the announcement, residents received a 90-day notice from PPI announcing an increase in base lot rent throughout the park.
Currently, residents have a base rent of $625 a month.
The new rates, effective Jan. 1, 2024, increase the rents for mobile homeowners in the 87-unit park by $575-$850 per month.
The notice lists Jan. 1 monthly lot rates with the following changes:
Base rent, standard lot — $1,200;
Base rent, water-view lot— $1,350;
Base rent, waterfront lot — $1,475;
The notice said special use fees will be assessed consistent with tenant rental agreements, including the incorporated prospectus and rules and regulations.
The notice also said base rent allows two persons and a fee for any “additional occupant” will be assessed to defray additional utilities and services costs.
As of Oct. 1, The Islander had not received responses from park residents about the lot rent increases.