Property investor Josh Scronce told Truesdale city leaders last week that he followed through with his purchase of the Belaire Mobile Home Park in February, and is taking immediate action to restore …
Property investor Josh Scronce told Truesdale city leaders last week that he followed through with his purchase of the Belaire Mobile Home Park in February, and is taking immediate action to restore the run-down neighborhood.
Scronce first announced in January that his business, Signature Investment Group, was planning to purchase the mobile home park.
Since closing on the sale Feb. 17, the first course of action has been to become familiar with residents and assess the condition of various mobile homes that need to either be renovated or removed, Scronce said.
“I’ve met about 75 percent of the people, and so far, so good,” Scronce told the Truesdale Board of Aldermen on March 8. He said he has offered to help fix up mobile homes that are currently lived in, and added that he had chosen to forgive late fees which several residents owed to the previous park owner, in order to give them a fresh start on their rent.
Scronce noted that his company has also renamed the mobile home park to be called The Park at Fox Creek.
As part of additional cleanup efforts in the mobile home park, Scronce noted that two dumpster trailers of junk have been removed, and that two mobile homes have been transferred to new owners who will remove them from the park.
Once the mobile home park is cleaned up, Scronce explained that he plans to begin general improvements to all of the homes and properties.
“I’ve kind of cleared my schedule for pretty much the whole year. We’re gonna be there a lot. ... The park is going to be our main focus this year,” Scronce commented.
He continued by saying that for now, he plans to retain the services of MDS Property Management Group, the property management group that currently runs the day-to-day business of the park. However, in a few months Scronce said he plans for his company to take over direct management of the park.
“I’ve got 20-something homes in St. Charles County and I’ve never used a property manager. It’s been nice. They do a great job of informing me on everything. But I think eventually we’ll take it over, in about three or four months,” Scronce commented.
To end his March 8 discussion with aldermen, Scronce requested a waiver to bring in two mobile homes that are older than 10 years. Truesdale requires special approval for older trailers in order to avoid junk buildings being moved into the city.
Aldermen gave approval for both mobile homes, commenting that one is in pristine condition, and that they are extending trust to Scronce to make necessary renovations to the other.
“I wouldn’t want to bring anything in that would need a bunch of work. That’s just not cost effective,” Scronce reassured the aldermen.
“This is the first time since I’ve been on the board that we approve of anything in that park,” replied Mayor Chris Watson. “We’ve absolutely been noticing the amount of work you’ve put into that. It’s quite the accomplishment.”