OCALA, FLA., October 18, 2012 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Cliftwood Mobile Home Park, a 104-space manufactured home community located in Ocala, Florida, according to Richard D. Matricaria, Regional Manager of the firm’s Tampa office. The asset commanded a sales price of $2,025,000.
Dan Mulkey, a vice president investments and senior director of the National Manufactured Home Communities Group for Marcus & Millichap’s Tampa office, had the listing to market the property on behalf of the local seller. Mr. Mulkey also secured the buyer for the investment, an out-of-state private investor.
Cliftwood Mobile Home Park is located at 7101 Anthony Road. The community consists of 75 mobile home spaces and 29 RV sites.
“The buyer contacted me looking to perfect a 1031-exchange for a self-storage center he had recently sold in Las Vegas,” said Mulkey. “He is an experienced park operator and Cliftwood worked well in replacing the income from the Nevada property.”
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With more than 1,000 investment professionals in offices nationwide, Marcus & Millichap Real Estate Investment Services is the largest firm specializing in commercial real estate investment services in the nation. Marcus & Millichap closed 5,085 transactions in 2011, the highest of any commercial real estate brokerage firm. Founded in 1971, the firm has perfected a powerful system for marketing properties that combines product specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology and relationships with the largest pool of qualified investors nationally.