187-Site Seattle-Area Manufactured Housing Community Changes Hands
December 05, 2017
PUYALLUP, Wash., Dec. 5, 2017 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Harvest Gate, a gated, 187-site, age-restricted manufactured housing community in Puyallup, Washington.
“The property, which is entirely composed of multi-section homes with attached garages, was 100 percent occupied at the time of the sale,” says Kyle Baskin, senior vice president investments.
Baskin, Jonathon McClellan, senior vice president investments, and Brian Langenmayr, associate, represented the seller, Harvestgate LLC, and procured the buyer, a national manufactured housing owner/operator.
Located at 6101 89th Street Court East in Puyallup, the property was built on 36.5 acres in 1996.
Joel Deis, vice president and regional manager of Marcus & Millichap’s Seattle office is the firm’s broker of record in Washington.