Rather than buy a mobile home and rent the land, a Zephyrhills developer will rent both for one price – about $1,750 per month for a 3 bed/2 bath home.
ZEPHYRHILLS, Fla. – Florida continues to have an affordable housing crisis, and ERC Communities Inc. believes that modular homes could solve the problem.
Modular homes offer better quality than mobile homes and trailers – and similar amenities to a single-family home, according to ERC Communities officials. The company has planned a 60-unit modular home community featuring three-bedroom, two-bathroom homes that will rent for around $1,750 a month in Zephyrhills.
“The mere fact that you have something that can be as affordable as this – I think similar square footage, just under 1,400-square feet in a brand new conventionally built home, would have to be in the mid-$2,000 range and same with apartments,” says ERC Communities Inc. Chairman Jerry Ellenburg. “So we’re filling in an affordability gap that otherwise doesn’t exist.”
All the homes in the community will be rental only – none will be available for purchase.
Source: Bay News 9 (08/10/22) Weathers, Saundra
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