Umh Properties Pays $10M For Ohio Manufactured Homes

by multihousingnews.com posted 2weeks ago 1 views
The REIT will invest in infrastructure improvements and filling the remaining vacant sites at the Sandusky community. : UMH Properties has spent $10.3 million for Bayshore Estates, a 206-site manufactured housing community in Sandusky, Ohio. According to public records, the property’s most recent owner was an entity connected to Parkbridge Investment Group. The company acquired the asset back in 2009 for $4.5 million. Located at 105 W. Shoreway Drive along the Sandusky Bay shoreline, the community is less than 2 miles from several dining and retail options and roughly 3 miles from the Cedar Point amusement park.

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