MHProNews has learned from businessobserverfl that Southwind Mobile Home Park in Palm Harbor, Florida has been sold by Belle Vista Properties LLC for $18.2 million to Kingsley Management Corp. of Provo, Utah. The 213 home site, age-restricted manufactured home community (MHC), which previously sold for $7 million in 1999, is set on 28 acres and contains only multi-section homes with paved driveways and carports.

Amenities include a commercial kitchen inside a large community building with library, billiards, cards and exercise rooms. Outdoor is a heated swimming pool, a lake with fountains, shuffleboard, horseshoes and a community greenspace.

With a price equating to $85,446 per site, Dan Mulkey of Marcus & Millichap’s Tampa office, who handled the transaction, says it is one of the most expensive MHCs he has seen outside of Broward Bounty, which is just north of Miami. Southwind was 100 percent occupied at the time of the sale. ##

(Photo credit: MHVillage–Southwind Mobile Home Park, Palm Harbor, Fla.)

Article submitted by Matthew J. Silver to Daily Business News-MHProNews.