First, some good news: "Parks' residents buy out owner for $31 million." Residents of Country Lakes Villages (Palmetto, Fla.), a two-park manufactured home community, have completed their bid to buy their parks for $31 million. The homeowners bought the Palmetto property from [a Calif.] company that had owned it for 12 years. The California company paid $14.1 million for the park in August 1998. The deal that just closed included 444 lots. … The sale price translates into $69,820 per... Read more