Manufactured home community portfolio sold in Anderson and Oconee, SC for $6.325 million
August 17, 2021
Coldwell Banker Commercial represented the seller in the disposition of a portfolio of 11 manufactured home communities located in Anderson and Oconee Counties, S.C., for $6.325 million. Harry Croxton, a commercial real estate professional with Coldwell Banker Commercial Caine, represented the seller.
The 11 manufactured home communities are comprised of 220 mobile home sites with 208 park-owned homes situated on approximately 61 acres of land.
“The portfolio experienced growth over the 25-year period it was owned by the seller, primarily comprised of park-owned manufactured home communities. The buyer, a real estate investment trust, intends to continue managing and operating the properties in their current function,” said Croxton.
About Coldwell Banker Commercial Caine
Coldwell Banker Commercial Caine services businesses across Greenville, Spartanburg, Oconee and Pickens counties. Family owned and operated; Coldwell Banker Commercial Caine has been providing service beyond the contract to the Upstate community since 1933. For more information, visit www.cbccaine.com or follow their social media channels: Facebook, Twitter, Instagram and LinkedIn.
