Tuesday, August 9, 2016

Murex Properties Adds Another Manufactured Housing Community to Nationwide Portfolio

The well-known Murex Properties from Fort Myers, Florida has made a new acquisition to their real estate portfolio: a 278-site manufactured housing community in Haines City, Florida.  The 55-plus community, Heartland Estates, was sold for $12,525,000 and was purchased through an exclusive association with Northwestern Mutual. Burrowed up on a ridge and overlooking Lake Hester, the property is located about one-half mile west of US-27 in central Florida.

Murex Properties owns and manages several premier manufactured housing communities throughout the nation with Heartland Estates being the fifth to be purchased in association with the $203.5 billion, AAA-rated company Northwestern Mutual Life Insurance.

According to Murex Properties President Steve Adler, “Heartland Estates provides its    residents an outstanding active-retirement lifestyle, and is a good fit with our corporate culture which counts the satisfaction of our residents as a measure of success. It is one of Florida's premier communities with a well landscaped, low-density setting that allows for large lots."

Because of its amenity-rich foundation, Heartland Estates furnishes a beneficial-culture with a 5,000-square-foot clubhouse, with a verandah overlooking both the heated swimming pool and the lake.  The clubhouse and amenities include a ballroom, fitness center, kitchen, library, billiards, shuffleboard courts and horseshoes.

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