Harmony Communities Acquires Manufactured Housing Asset In Butte Valley, CA For $11.45M

A manufactured housing property located at 2920 Clark Rd in Butte Valley, CA has been sold in a transaction. The property, consisting of 138 units, was purchased by Harmony Communities from Three Pillar Communities. The sale was facilitated by brokers Jeff Benson and Sam Neumark from Northmarq. The transaction took place on October 28, 2022.

Summary of transaction details:

• Property Type: Manufactured Housing
• Transaction Amount: $11,450,000
• Address: 2920 Clark Rd, Butte Valley, CA
• Market: Butte Valley, CA

Jeff Benson and Sam Neumark from Northmarq represented Harmony Communities as their brokers in the deal. The sale price of the property amounted to $11,450,000, with a per unit price of $82,971.