ABOUT SUNDOWNER PARK
OCEAN CITY, MARYLAND
135th Street Ocean City, Maryland
In 1982, The Sundowner Mobile Park, which includes the three blocks between 133rd and 136th streets, one block deep on the West Side of Coastal Highway was purchased by a group of investors. The 190 lots in the park could not be subdivided and sold off individually due to their size. The investors decided to covert the park into a Co-Op Park similar to Co-Op Apartment projects throughout the country. The tenants, who had been renting losts, were given the option to purchase stock in the Co-Op and were issued a Ninety year Proprietary Lease. This Leas would entitle them to keep any approved size home on that lot that met City Regulations.
There is a montly "Park Fee" that each Stockholder is required to pay. This fee, which ranges from $70 to $139 per month includes Real Estate Property Taxes, Sewer & Water, Trash Pickup, Grass Cutting, Use of Pool, and Maintenance & Management of the Park. NO Ground Rents...A small yearly City Assessment for the mobile, which is a personal property tax is paid by owner. This would range around $50. to $100. depending on age and condition.
The Co-Op Park cannot be sold unless 80% of the Stockholders agree to the sale. This is a great opportunity to have a home in Ocean City located one block from the Ocean with an Outdoor swimming pool. The Park has stringent Rules and Regulations that are enforced by Park Management so that all the owners enjoy their stay in Ocean City.
The elected Board of Directors govern the Park. There are a total of nine Directors - three from each block elected for a term of three years. The Park has a Manager that handles the daily affairs of the Park. Monthly meetings are held on Saturday mornings. There is an Annual meeting of all owners each year in May.