Thursday, October 6, 2011

ARA sells Ohio manufactured housing community to Chicago company

Atlanta-based ARA, an investment advisory brokerage firm, recently sold the Greenfield Estates Manufactured Home Community in Groveport, Ohio.

Greenfield Estates is a 126-site all-ages community located within the Columbus MSA. The community sits 11 miles from downtown Columbus and is positioned on 20.6 acres.

Todd Fletcher and Andrew Shih, ARA National Manufactured Housing Group co-directors, represented the un-named special servicer in the sale of the asset. october Invsestments Properties, a Chicago-based company, purhcased the community.

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