Apartment Realty Advisors (ARA) created National Manufactured Housing Group (NMHG) to focus on MH and RV communities. Their new division sealed the deal on 16 MHCs in the last 12 months. From the 236 site Pocono Park in Wilkes-Barre, PA to Fairway Villas in Acworth, GA with 225 home sites, and from Chateau at Onion Creek, in Austin, TX comprised of 350 sites to Timber Valley’s 145 home sites in Marshalltown, IA, ARA NMHG completed a mix of short sales, REOs (real estate owned), and note sales. Their current listings stretch from California to Michigan and Texas. Dollar value of the contracts closed was not available to MHProNews when this article was published.
(Photo credit: ARA USA–Chateau at Onion Creek)