A land-lease manufactured home community provides homeowners with affordable housing without the added expense of purchasing land.
When a manufactured home is placed in a community, the homeowner owns the home and leases the land where the home is located. The monthly lease payment contributes to community amenities as well as services like paved streets, garbage pick-up and snow removal. Land-lease communities are a great option for people who enjoy caring for a smaller yard and like the security of having neighbors close by. Many have on-site community managers and maintenance workers for your needs.
Residents of land-lease communities enjoy amenities such as indoor/outdoor
swimming pools, community clubhouses, playgrounds, ball fields, walking/biking trails, RV storage, bus access to local schools and more! Most offer planned community-wide events such as potluck dinners, trips to museums and sporting events, garage sales, and craft shows which bring neighbors together. These features and activities vary by community.
Land-lease communities can be found near big cities and in rural areas. They are conveniently located near shopping, restaurants, entertainment and cultural facilities, and hospitals. Some are devoted to those 55 years and older.
These communities cater to the needs of active seniors, providing amenities and planned activities geared toward their generation, neighbors who have common interests and a quiet atmosphere.
Another benefit to leasing land is that your real estate taxes are paid by the community owner and are included in the monthly land lease fees. The individual homeowner only pays taxes on the value of his or her home, usually in the form of personal property tax.
To find the land-lease community that's right for you and your family, search for a community by location or select from the list of amenities offered.