LAKELAND, FL– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Stoll Manor Mobile Home Park (top left photo), located in Lakeland, according to Richard D. Matricaria, Regional Manager of the firm’s Tampa office. The asset commanded a sales price of $2,150,000.
Dan Mulkey (middle right photo), a vice president investments and a National Director of the Manufactured Housing Group in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the local seller and the Illinois-based buyer.
Stoll Manor Mobile Home Park is located at 1123 Walt Williams Road. Developed by the seller in 1993, this all-age community is situated in a middle-class residential neighborhood, offering its residents a great place to live. Park amenities include a clubhouse, pool, playground and a basketball court.
“Stoll Manor’s buyer is an investment firm specializing in the operation of mobile home communities,” says Mulkey. “They are one of the largest park owners in Florida.
"Their intent with Stoll Manor is to back-fill the existing vacant sites which, when completed, will easily provide more than double the value of their investment.”
Press Contact:
Richard D. Matricaria
Regional Manager, Tampa
(813) 387-4700
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