The Carlyle Group acquired its second Manufactured Housing Community for sale last month to the tune of $180 Million. The acquisition of Plaza Del Ray a 722 unit Community in Sunnyvale CA is the second community for the Carlyle group in the valley. The purchase translates to approx. $250,000 per unit based on pricing.
The Manufactured Housing Community Investment arena saw almost a 42% increase a year ago in activity and close to 15% increase for the 1st half of this year.
To read the entire article from Nathan Donato-Weinstein
Stratton Commercial Group specializes in National Manufactured Housing and Mult-Family Investments . We facilitate the Sales and Acquisitions for clients and owners of Mobile Home Parks, Apartment Communities and NNNs in 44 / 50 states. If you are looking to Buy or Sell a Commercial Real Estate our goal is to help you obtain the correct investment for your financial goals!
Friday, November 20, 2015
Carlyle Group buys Mobile Home park for Estimated $180 Million
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