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Marcus & Millichap Arrange Sale of Florida MH Communities

March 15th, 2016 Comments off

marcus_and_millichap_arr_sale_of_countryaire_and_kentwood_mhcs__their_creditCommercial real estate investment services firm Marcus & Millichap informs MHProNews that Dan Mulkey of M&M’s Tampa office represented the seller and the buyer in the sale of two adjoining manufactured home communities (MHC) in Tampa, Fla.

The buyer, a private investor who owns several MHCs in the area, paid $2,575,000 for the two all-age communities on the east side of Tampa. Countryaire Mobile Home Park, with 60 home sites, and the 27-home site Kentwood Mobile Home Park sit on 13.79 acres.

Noting the two communities are comprised of newer as well as older single and multi-section homes, Mulkey said, “These two parks have been exceptionally well maintained and provide an excellent addition to the buyer’s existing portfolio of communities.” ##