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In addition to the ground floor living area, many offer attic space over one of the modules. Most of the apartments were built in the 1970s and 1980s. [ 2 ] The corporation filed for bankruptcy in 1989, and reorganized as Cardinal Realty Services, Inc., a real estate ownership and management company.
Mobile homes are often sited in land lease communities known as trailer parks (also 'trailer courts', 'mobile home parks', 'mobile home communities', 'manufactured home communities', 'factory-built home communities' etc.); these communities allow homeowners to rent space on which to place a home. In addition to providing space, the site often ...
Home vacancy is a major problem within the area; in 2012, over 369 of the homes in the neighborhood were vacant, indicating over a 20% vacancy rate. Much work has gone into revitalizing the area and building new homes due to the efforts of the mayor and his team, Nationwide Children's Hospital, and several other donors. [ 9 ]
Sales of previously owned homes fell 1% in September compared with August, to a seasonally adjusted, annualized rate of 3.84 million units, the slowest pace since October 2010,… Reuters 3 months ago
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The homeowner occupancy rate is less than ten percent, and the housing vacancy rate is 4 percent, down from 20 percent in 2010. [12] The median cost to rent a residence in Weinland Park was $637 per month in 2015. [13] As the area loses the association with the Short North Posse, rental prices and property taxes rise.
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