Can you purchase a parcel of land to place a manufactured home on or is it leased? What is the cost of a purchase or the monthly fee for the lease and how often is the rent on the parcel raised?

Lots in this development are all leased. You cannot purchase them. The monthly fees vary but run around $700 -$800 month average, some less, some more. The leases run around 10 years and are raised each year based on the CPI. At the end of the lease period a new lease is written based on current rents in the area. The lot lease is in addition to the mobile home purchase payments.

Parcel of land usually has to be appropriate zoned for such. Usually some are: leased for a certain time limit. Usually there are: Some leased Some are purchased Some has a one year freeze on rent increased It's best to get everything clear up front before executing the contract.