Havenpark Capital — which this year bought five Iowa mobile home parks and announced rent hikes ranging from 24 percent to 69 percent — was one of eight such companies to receive letters in late May Threatened with the possibility of a strict rent-control ordinance, the owners of Dana Point’s two mobile home parks agreed this week to limit rent increases for trailer space to 5% a year for the Trying to absorb this rent increase would leave her with $17 a month for Council considered a ballot measure capping rent increases for all the city’s mobile home parks. Marianne Connelly, whose JOHNSON COUNTY, Iowa (KCRG) - Utah-based investment company Havenpark Capitol has bought two more mobile home parks in eastern Iowa-- one in Iowa City and one in West Branch. Residents of those parks But mobile home parks have become a target investment for real estate companies who are jacking up fees. STEVE INSKEEP, HOST: About 20 million Americans live in manufactured or mobile homes. Some own Hundreds of mostly elderly mobile home owners, some using walkers and canes, jammed the City Council chambers and parking lot at City Hall Tuesday night to ask the council for a law to control rents .
Voters will be asked March 26 to settle an ugly fight between landlords and mobile home park tenants over repealing local rent controls and outlawing any rent restrictions in the future. At issue is .
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