INDUSTRY happenings Transactions Huntington Beach Community Changes Hands Skandia Mobile Country Club, a 167-unit mobile home property in Huntington Beach, Calif., has been sold for $58 million, or $347,305 per space, according to adviser and brokerage firm Marcus & Millichap. Skandia was built in 1963 over 17 acres and offers residents a community pool, spa, game room, and clubhouse with a full kitchen. The community is two miles from the beach, and within walking distance of the Bella Terra outdoor shopping mall, a downtown farmers market, and popular bars and restaurants.
242-unit condominium manufactured housing community for about $5.4 million.
Residents of N.H. Community Purchase Park Homeowners in Beech Hill Mobile Home Park recently purchased their 25-unit property, making it New Hampshire's 137th resident-owned community. Residents used training and technical assistance from the New Hampshire Community Loan Fund's ROC-NH™ team, and organized a co-op to negotiate with the park's owner to reach a $1 million deal.
Patrick Industries Buys Georgia Trailer Maker Firm Buys 50% in Canadian ‘Condo’ Community Firm Capital Property Trust has purchased 50% interest in Hidden Creek Condominium in McGregor, Ontario a
Beech Hill residents purchased their community for $1 million.
Elkhart-based Patrick Industries, a major supplier to RV and manufactured housing, has purchased Nashville, Ga.-based Coyote Manufacturing, a designer and fabricator of steel and aluminum trailers for boats, as well as towers, T-tops, leaning posts, and other custom components, primarily for the marine market.
Capital Square 1031 Buys Vero Community Midway Estates, a 183-site 55+ manufactured housing community in Vero Beach, Fla., has sold to Capital Square 1031 for nearly $13 million. The community sits on 28 acres near Highway 1 between Orlando and Fort Lauderdale, and has a pool, shuffleboard, and clubhouse.
6 | NOVEMBER / DECEMBER 2021 EDITION
