MANUFACTURED HOUSING PROPERTIES INC. ADDS THREE PROPERTIES TO ITS PORTFOLIO
Manufactured Housing Properties Inc. (OTC:MHPC) announced the acquisition of three properties, enhancing its portfolio in high-growth markets. On June 17, 2022, MHPC acquired a 72-lot community in Brunswick, Georgia, followed by a 62-acre land purchase in Raeford, North Carolina, on June 28, 2022, intended for 200 mobile home lots. Finally, on July 7, 2022, the company acquired a 39-lot community in Leesville, South Carolina. With these acquisitions, MHPC now owns 48 communities totaling 2,299 lots, reinforcing its growth strategy.
- Acquired three properties expanding market presence.
- Total portfolio now includes 48 communities with 2,299 lots.
- None.
Charlotte, North Carolina, July 28, 2022 (GLOBE NEWSWIRE) -- Manufactured Housing Properties Inc. (OTC:MHPC) today announced the acquisition of three properties.
On June 17, 2022, MHPC acquired a manufactured housing community located in Brunswick, Georgia totaling 72 lots and 30 homes. The acquisition expanded MHPC’s presence in the Brunswick market alongside the Golden Isles community that MHPC acquired in March of 2021.
On June 28, 2022, MHPC acquired 62 acres of undeveloped land zoned for approximately 200 mobile home lots in Raeford, North Carolina, a town in the Fayetteville Metropolitan Statistical Area.
On July 7, 2022, MHPC acquired a manufactured housing community located in Leesville, South Carolina totaling 39 lots and 39 homes.
The company now owns and operates 48 manufactured housing communities totaling 2,299 lots.
About Manufactured Housing Properties Inc.
Manufactured Housing Properties Inc., together with its affiliates, acquires, owns, and operates manufactured housing communities. The company focuses on acquiring and operating manufactured housing communities in high growth markets and is actively seeking to expand its portfolio.
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Contact:
Jay Wardlaw
President
(980) 273-1702 ext. 244
FAQ
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