Camp condos popular second homes

ORLANDO, Fla. – Oct. 25, 2006 -- With land values rising, an increasing number of resort owners are converting their resorts into for-sale RV parks and cooperatives. Properties with park model-style RVs are growing in popularity among those who would like a second home but can’t afford to pay $300,000 for one.

Typically, the RVs have about 400 square feet and are designed for part-time use. Even with upscale amenities, such as bay windows, lofts, whirlpool tubs and gas fireplaces, their average price is $38,000. Park model shipments nationally were up 8 percent in 2005, the highest annual sales in the 20-year history of the park-model business, according to the Recreational Park Trailer Industry Association.

Source: The Star-Tribune, Aimee Blanchette (09/19/2006)

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