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Home Finance Housing

HARRI5 Closes 1,230-Unit MHC Sale in Arizona – Multifamily Actual Property Information

Kalpvrishk by Kalpvrishk
September 5, 2022
in Housing
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HARRI5 Closes 1,230-Unit MHC Sale in Arizona – Multifamily Actual Property Information
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Sun Vista Resort
Solar Vista Resort. Picture courtesy of HARRI5

Solar Vista RV Resort LLC, an entity linked to the William Corrigan household, has acquired a 1,230-unit manufactured housing neighborhood in Yuma, Ariz., for $80 million, in keeping with Yuma County data. The identical supply exhibits that the acquisition was funded via a $26.4 million mortgage held by Voya Funding Administration. A personal particular person bought the cellular dwelling and RV resort, with HARRI5 engaged on behalf of each events.

Positioned at 7201 E. thirty second St., Solar Vista Resort is a 55-plus, pet-friendly neighborhood outfitted with full satellite tv for pc TV hookups. Widespread-area facilities embody indoor and out of doors swimming swimming pools and spa heart, a health heart, a music room, a library, a recreation and leisure heart, a pc and video library, in addition to canine parks. Residents can get pleasure from actions corresponding to arts and crafts courses, live shows and dinner exhibits, and out of doors actions like automobile racing.

The MHC is near each Walmart and Lowe’s shops, lower than 6 miles from Yuma Worldwide Airport and the Arizona Division of Financial Safety, one of many space’s main employers. The Yuma Regional Medical Heart is 9 miles away.

Final month, HARRI5 additionally brokered the sale of Las Quintas Oasis, one other manufactured neighborhood in Yuma. Cobblestone Properties acquired the property from a personal investor.

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