Marcus & Millichap Brokers $1.46 Million Sale of Livingston Mobile Home Park in Lutz, FL

                                                                                                                                         

Dan Mulkey

LUTZ, 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 Livingston Mobile Home Park, a 10-acre manufactured homes community in Lutz, Florida, according to Richard D. Matricaria, regional manager of the firm’s Tampa office. The asset sold for $1,465,000.

Dan Mulkey, vice president investments in Marcus & Millichap’s Tampa office, represented the Tampa-based buyer, an experienced owner and operator of multiple, local mobile home parks.

Livingston Mobile Home Park is located at 15812 Livingston Avenue in Lutz, Florida. “This park consists of 65 rental sites,” says Mulkey. “The buyer has indicated an interest in making immediate upgrades to the park providing a more pleasant quality of living for the residents in the community.”

For a complete copy of the company’s news release, please contact:

Richard D. Matricaria

Vice President/Regional Manager

Tampa, FL

(813) 387-4700