RVBusiness reports Sun Communities, Inc., through its subsidiary Sun Communities Operating Limited Partnership (SCOLP), has entered into an agreement to purchase 11 Morgan RV Resorts for $ 135 million. According to a filing with the Securities and Exchange Commission (SEC), properties include Morgan Fiesta Key LLC, Virginia Tent LLC, Wagon Wheel Maine LLC, Indian Creek RV Resort LLC, and Ideal Private Resorts LLC. Morgan has properties in 14 different states. As MHProNews knows, Sun operates over 55,000 manufactured and RV homesites in the nation.
(Photo credit: Sun Communities, Inc.)