basically, it is "rack-etized" mobile park. From my understanding, due local MUDs being over capacity and pretty expensive per-pad costs to bring sewer, electric, water (i assume they are not going to deal with gas.) mobile parks are no longer "easy" investments.
I.e. from tech-standpoint it might be feasible.
From consumer standpoint - price they are offering - not sure, we need to see price of the "kasitas". Unless something drastically changed during last few year, it should be possible to find decent "traditional" apartment for +- same amount. And if you account for price of "kasita" - it might actually become on par of fancier appartments.
But most risk is in infrastructure for that project - it might get prohibitively expensive. and $1m does not sound like a lot to make that happen, unless they plan investors building "racks" AND pay for bringing up utilities AND dealing with state/MUD.
I.e. from tech-standpoint it might be feasible.
From consumer standpoint - price they are offering - not sure, we need to see price of the "kasitas". Unless something drastically changed during last few year, it should be possible to find decent "traditional" apartment for +- same amount. And if you account for price of "kasita" - it might actually become on par of fancier appartments.
But most risk is in infrastructure for that project - it might get prohibitively expensive. and $1m does not sound like a lot to make that happen, unless they plan investors building "racks" AND pay for bringing up utilities AND dealing with state/MUD.