MHProNews has been informed by therealdeal that Zachary Taylor RV Park in Okeechobee, Fla. was acquired by Coastal Income Properties for $3.3 million from a private seller. Capstone Manufactured Housing, based in Charlotte, North Carolina, brokered the transaction, led by Deucie Bies and Kevan Enger, the fourth manufactured home community (MHC) that Capstone has arranged for the seller.
Despite its name, the Zachary Taylor RV Park, a 55 and older community, does have manufactured homes among its 210 home sites and a high percentage of permanent residents. ##