Residents' bid to buy Old Orchard Beach mobile home parks rejected by owners due to financial concerns and lack of support.
Residents in two Old Orchard Beach mobile home parks attempted to form a cooperative to buy the properties, but their bid was rejected by the owners. The owners have decided to pursue a private sale with another buyer, citing financial concerns and lack of resident support as reasons for the decision. Residents feared rent hikes or the properties being repurposed as short-term vacation rentals.
April 13, 2024
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