The Reseda Mobile Estates in California has been acquired by Anaheim, CA-based Reseda mhp Associates LP for $13.1 million. According to Briana Barbier of Marcus & Millichap, who represented the seller, the 108-site manufactured home community “is a stable, well-maintained community that provides affordable housing in the expensive, high-demand San Fernando Valley rental market.” Built in 1960, the 8.5 acre site includes two clubhouses, a pool, spa and patio for barbecues, according to sfvbj.com. It is at full occupancy and comprised of mostly multi-section homes, MHProNews.com has learned.

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