Capstone Brokers $2.64M Trade of Cliftwood Mobile Home and RV Park

OCALA, FL — Kevan Enger and Deucie Bies of Capstone Manufactured Housing represented the seller of Cliftwood Mobile Home and RV Park. A private investor sold the 104-lot asset to Summit Communities for $2.64 million, or $25,385 per lot, on December 9, 2015. Summit Communities has been one of the most active investors in Florida within the manufactured housing sector. The purchase of Cliftwood MHP represents Capstone’s second successful transaction with Summit Communities in 2015.

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