 |
| Dan Mulkey |
PALM HARBOR, FL – Marcus
& Millichap (NYSE: MMI), a leading commercial real estate investment
services firm with offices throughout the United States and Canada, has
arranged the sale of a 213-space,
55-plus age-restricted manufactured home community in Palm Harbor, Fla.
The
$18,350,000 sales price equates to $86,150 per space.
Dan
Mulkey, vice president investments in
Marcus & Millichap’s Tampa office, represented the seller and procured the
buyer.
“Located close to
shopping, transportation and beaches, the property is a well-maintained
manufactured home community providing annual rental increases,” says Mulkey.
“The park was 100 percent occupied at the time of the sale.”
Built in 1985 on approximately
28 acres, the property is located in a residential neighborhood in Palm Harbor.
The community features all double-wide homes. All sites have paved drives and
carports. Community amenities include a large recreation building with a
commercial kitchen, library, billiards, cards and exercise rooms; a heated
pool; a lake with fountains; shuffleboard courts, and a horseshoe pitch and park area.
For a complete copy of the company’s news release,
please contact:
Gina Relva
Public Relations Manager
(925) 953-1716
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