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| Dan Mulkey |
TARPON SPRINGS, FL –
Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment
services firm with offices throughout the United States and Canada, announced
the sale of a 15.37 acre mobile home community in Tarpon Springs, Fla.,
according to Richard D. Matricaria, regional manager of the firm’s Tampa
office. The asset sold for $6,400,000.
Dan Mulkey,
vice president investments, in Marcus & Millichap’s Tampa office,
represented the seller, a local private investor and the owner of multiple
mobile home and RV communities in the area.
The buyer, Shamrock
Tarponaire LLC, was also secured by Mulkey. Shamrock is a well-known, Arizona
based investment company experienced in the purchase and operation of mobile
home communities.
The park is an age
restricted, lakefront community with over 135 sites located on US Highway 19
along Lake Tarpon, a 2,500 acre freshwater lake and the largest in Pinellas
County.
This community consists of
both single and double wide homes, and has a clubhouse, shuffleboard courts and
boat docks on-site. Additionally, the park is within close proximity to
shopping and medical facilities, as well as the popular Greek community of
Tarpon Springs, which is famous for some of the finest Greek restaurants,
markets and bakeries in the country.
“This site, having
generous lake frontage, provides the buyer an opportunity to upgrade many of
the homes on site, as well as back-fill vacant sites adding worth to the asset,
and by doing so the value of this community will be greatly enhanced,” says
Mulkey.
For a complete copy of the company’s news release,
please contact:
Richard D. Matricaria
Vice President/Regional
Manager,
Tampa, FL
(813) 387-4700
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