SOLD! Mesa mobile home community

By AZRE

Northmarq’s Manufactured Housing group announced the sale of Country Club Village, a 493-site mobile home community located at 2060 N. Center Street in Mesa, Arizona. The buyer was Havenpark Communities, LLC from Orem, Utah.

Northmarq’s Phoenix team of Jared Bosch, Don Vedeen and Chris Michl and the Los Angeles team of Jeff Bensen and Samuel Neumark brokered the sale of the 493 site community for $44 million ($89,249/site) on behalf of the seller, Country Club MHP, LLC from Anaheim, California. The property sold at a sub three capitalization rate.

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