SALISBURY, Md. (AP) — Residents of a mobile home park in Maryland are upset over their rent rising by nearly 60 percent under a new owner.
The Daily Times of Salisbury reported Monday that rents rose by $150 for most people living at Cedarhurst Mobile Home Park. The total owed is now about $395 for most tenants.
The newspaper reported that the park’s new owner gave little more than a month’s notice.
Florida-based Sunrise Capital Investors purchased Cedarhurst for $1.6 million. CEO Kevin Bupp declined to comment to the newspaper, referring questions to a local attorney. That lawyer, John Custis, didn’t return calls or an email seeking comment.
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The company’s website says its investment strategy focuses on “underperforming and distressed” mobile home and recreational vehicle parks.
Information from: The Daily Times of Salisbury, Md., http://www.delmarvanow.com/