Saturday, October 20, 2012

Marcus & Millichap Announces Sale of Cliftwood Mobile Home Park in Ocala, FL for $2 Million



Cliftwood Mobile Home Park, Ocala, FL
 OCALA, FL– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Cliftwood Mobile Home Park, a 104-space manufactured home community located in Ocala, Florida, according to Richard D. Matricaria, Regional Manager of the firm’s Tampa office. The asset commanded a sales price of $2,025,000.

Dan Mulkey, a vice president investments and senior director of the National Manufactured Home Communities Group for Marcus & Millichap’s Tampa office, had the listing to market the property on behalf of the local seller.  Mr. Mulkey also secured the buyer for the investment, an out-of-state private investor.

Dan Mulkey
Cliftwood Mobile Home Park is located at 7101 Anthony Road.  The community consists of 75 mobile home spaces and 29 RV sites.

“The buyer contacted me looking to perfect a 1031-exchange for a self-storage center he had recently sold in Las Vegas,” said Mulkey.  “He is an experienced park operator and Cliftwood worked well in replacing the income from the Nevada property.”

Press Contact:

Richard D. Matricaria
Regional Manager, Tampa
(813) 387-4700

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