Havenpark Communities, operator and developer of manufactured home communities around the country, expanded its West Branch Village Community to meet the growing demand for high-quality and affordable housing.
The expansion added 65 new modern housing lots in Johnson County where home prices have steadily increased in recent years. The grand opening event earlier this month featured local Iowa officials, West Branch residents and members of Havenpark’s leadership team.
“We are proud to provide quality and affordable manufactured homes in caring communities here in Iowa and across the U.S.,” said Havenpark’s Divisional Vice President Todd De Leon. “Here in the county, home prices have been increasing 16.3 percent yearly, fortunately, with manufactured homes, we can offer lower prices while still providing modern, high-quality and affordable homes.”
Havenpark worked with various builders to manufacture the new homes located outside Iowa City. The properties include three-bedroom and two-bathroom options with more than 1200 square feet. The homes come with a variety of finishes and layouts starting at $79,900.
The expansion is part of Havenpark’s commitment to improving the West Branch Village community for current and future residents. Since purchasing the property in April 2019, the company has built more than 30 new homes and made capital improvements to the area. Before the expansion, the community held 183 homes.
In the Iowa City metro area, where West Branch Village is located, price points for a basic starter home are now in excess of $300,000. Havenpark aims to meet the needs for affordable homes in Iowa and around the country. The company plans to bring more than 1,000 affordable housing units across its community portfolio this year.
Havenpark owns many manufactured housing parks, or mobile home parks, throughout Iowa, but have come under scrutiny in recent years for pricing out residents through rent increases and utility charges.