Wednesday, May 6, 2015

Manufactured Housing Community for sale - Closes for $88 Million

Manufactured Housing Community portfolio for sale included an 11 property deal in Pennsylvania and New York. The deal brought $88 million for 2,413 sites or equal to $41,269 per site. 
The buyer is a joint venture between Federal Capital Partners and Horizon Land Co. LLC., the seller was  Pittsford, N.Y.-based Morgan Management. 

With limited supply of institutional grade Communities for sale portfolio deals such as this are rare to find. It is a great time to review if taking your community to market is appropriate

If you are interested in Selling your community contact us: 

Confidential Market Evaluation of my property

Peterson Commercial Group 
Specializing in the Brokerage of Manufactured Housing 

520-477-7350
PCGKWCommercial@gmail.com

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