Welk Village Mobile Home Park Sold; Lots to Be Offered for Sale

The 459-unit mobile home park at Lawrence Welk Village has been sold for $20 million to a company that will convert the sites from rentals to individually owned lots, it was learned Friday.

Park Homes Inc. has bought the mobile home park and will “immediately offer residents the opportunity to buy the lots,” Bob Weaver, president of the Lawrence Welk Village Mobile Homeowners Assn., said.

Some of the tenants were told of the $20-million sale during a association committee meeting Friday. Other tenants will be informed in a one-page letter, mailed late Friday.

Residents will be able to buy their mobile home site, accept a long-term assumable lease or move, Weaver said, adding that Park Homes will pay a portion of the moving costs.

Government regulations and the “intention” of Park Homes ensures that no residents will be displaced if they “choose to remain renters rather than become owners,” according to the letter, written by William Borsari, executive vice president of William Walters Co., a San Diego-based real estate management firm.

All other developments on the 800-acre Lawrence Welk Resort Village are unaffected by the sale, Weaver said. They include two golf courses, a restaurant and bakery, a dinner theater, a 96-room motel, a Scripps Clinic satellite office, an attorney’s office, upscale time-share resort condominiums, tennis courts, and several boutiques and shops.

Lawrence Welk Village officials would not comment on the sale.

“We have no comment (until) sometime next week,” Arlie Paradiso, assistant to the general manager, said.

Park Homes President Robert O. Holland could not be reached for comment.

According to the letter sent to residents, Park Homes is in the process of completing a similar mobile home conversion at Rancho Monserate seven miles north of Escondido.

Holland plans a series of meetings next week to explain the ownership options to residents, the letter said.