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RREAF Holdings Acquires $157M RV Parks Portfolio In Alabama, Florida & Texas

Property Image
SOLD
$157,000,000

Florida

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Other
Sold 09/06/2023
the dealplayerscompscontact
Property Image
SOLD

RREAF Holdings Acquires $157M RV Parks Portfolio In Alabama, Florida & Texas

Other
Sold 09/06/2023
the dealplayerscompscontact
Contact now

Summary

Asset Type:Other
Transaction Type:Sale

RREAF Holdings is investing $157 million in the RV property market, acquiring five parks in Alabama, Florida, and Texas. The portfolio includes RV parks located in these three states. The transaction was closed on 09/06/2023. The buyer, Kip Sowden, represented RREAF Holdings in this deal.

Summary of transaction details

  • Property Type: RV Parks
  • Transaction Amount: $157,000,000
  • Address: Portfolio
  • Market: Alabama, Florida & Texas
  • Buyer: Kip Sowden - RREAF Holdings

As part of their strategic shift towards the thriving outdoor sector, RREAF Holdings made this significant investment in the RV property market. The acquisition of these five parks in Alabama, Florida, and Texas showcases their focus on expanding their presence in this sector. This transaction marks a major move for RREAF Holdings, demonstrating their commitment to investing in the growing RV property market.

Players

KS
Kip Sowden
5 deals$364.4M volume
BUYER

Details

SOLD
IMAGE: Kip Sowden DATE: 09/06/2023 ADDRESS: Portfolio MARKET: Alabama, Florida & Texas ASSET TYPE: RV Parks BUYER: Kip Sowden (@Sowdenkip) - RREAF Holdings (@RREAF_Holdings) SALE PRICE: $157,000,000 NOTE: RREAF Holdings is investing $157 million in the RV property market, acquiring five parks in Alabama, Florida, and Texas as part of a strategic shift toward the thriving outdoor sector.

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