Catalina manufactured home community (MHC) in Middletown, Ohio, midway between Cincinnati and Dayton, has been acquired by Freehold, NJ-based UMH Properties, Inc., according to baystreet.
Emphasizing community, safety, quality, and affordability, Catalina has a pool, playground and safety patrol, as part of UMH’s dedication to making its MHCs friendly and secure. The company dedicates a portion of its capital budget to neighborhood improvements as needed.
According to MHVillage, Catalina, built in 1968, is an all age community with 462 home sites, five percent of them multi-sectional homes. No sale price was immediately available.
MHProNews knows UMH owns and operates over 95 MHCs in seven states comprising 16,600 home sites plus 1,000 acres to be developed. The company is a real estate investment trust (REIT) and owns a portfolio of REIT securities. #
(Photo credit: UMH Properties, Inc.)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.