In Cities Like Austin, Redevelopment of Mobile Home Parks is Almost Inevitable

We hear it all the time in real estate investing: location, location, location. Understanding that for mobile home park success and longevity is somewhat counter-intuitive from the norm. For instance, in a city like Austin, Texas many mobile home parks are being sold off for redevelopment. Why is that? Photo: An Austin, Texas mobile home park, sourced from Austin is a successful city, and a growing city, but it is very trendy. If you've ever been to Austin, it's like the little Los Angeles (if you've been to LA then really Austin is more like the Silverlake neighborhood and certainly not like the entire city of LA) of Texas. Progressive, prides themselves on being culturally and soc

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