Marcus & Millichap Brokers the Sale of a 72-Site Manufactured Home Community
“Los Amigos Mobile Home Community was owned by the same family since its inception, and we were thrilled to assist the seller and buyer in making the emotional transition,” says Dustin Wilmer, vice president investments in Marcus & Millichap’s San Diego Del Mar office. “Our client, Monte Christo Communities, embodies the ownership values the seller was seeking to feel comfortable with a sale.” The buyer was procured by Wilmer, and the property was sold off-market, per the seller’s request.
“‘Monte Christo Cares’ is a program the incoming buyer implemented years ago in which they give back to a tenant in need of assistance at each one of their communities annually – whether it be home repairs, financial assistance, etc.,” adds Wilmer. “The property is well maintained and fantastically located. Los Amigos will continue to be a high-quality community where the tenants are valued and respected for years to come.” Los Amigos Mobile Home Park is located at 20806 Gridley Road in Lakewood, California.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2022, the company had 1,904 investment sales and financing professionals in 81 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 12,272 transactions in 2022, with a sales volume of approximately $86.3 billion. For additional information, please visit www.MarcusMillichap.com.