Understanding A Manufactured Home Park A trailer park, also known as a caravan park, is a temporary or permanent location where mobile homes can be parked. Low cost compared to alternative housing options, as well as rapid and easy relocation. Manufactured home park refers to homes that are produced in a factory and then erected on a plot of land. The styles range from simple trailers to residences that appear to be permanent structures. https://www.colonyparks.com/