SoCal mobile home park sold
Investor lands property in 1031 exchange
By Inman News, Thursday, March 4, 2004.Inman News®
Marcus & Millichap negotiated the sale of the four-star Americana Mobile Home Park in Paramount, Calif.
The value of the transaction was approximately $12.9 million.
Americana Mobile Home Park is located at 16600 Downey Ave. The community was constructed in 1960 and includes 170 units on approximately 16 acres. Community amenities include a pool, spa, basketball court and clubhouse.
San Rafael, Calif.-based Giraudo Investments LLP purchased the property from Irvine, Calif.-based Associated Americana MHP LLP in a 1031 exchange.
Encino, Calif.-based Marcus & Millichap is a commercial real estate brokerage.
Send a comment or news tip to our newsroom.
Please include the headline of the story.
All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.
You must login or register to post a comment.