Mobile home community in Davie sells for $13M

The 33-acre Sunshine Village traded for about $390,900 per acre

TRD MIAMI /
Nov.November 03, 2017 09:45 AM

Sunshine Village and President of Uniprop Roger Zlotoff (Credit: uniprop.com)

UPDATED Oct. 18, 2018, 11:55 a.m.: Sunshine Village, a manufactured home community in Davie, just traded hands for $12.9 million, property records show.

SV Davie MHC LLC, a company tied to Skokie, Illinois-based Lakeshore Management, bought the 33-acre mobile home park at 13453 Southwest 5th Street for about $390,900 per acre.

Records show the company scored $24.5 million in financing from Wells Fargo Bank. A representative said Lakeshore manages the property, but holds no ownership interest.

The seller is an entity of the private real estate investment company Uniprop, based in Birmingham, Michigan. Records show the company, led by Roger Zlotoff, bought the park in 1987 for $7.2 million.

Mobile homes at Sunshine Village have a three-bedroom and two-bathroom floor plan, according to its website. Amenities include access to a community center, computer center and pool.

Mobile home parks are becoming prime targets for investors and developers. In October, real estate investor Steve Schneider paid $6.25 million for a trailer park near West Little River in Miami.

Last year, Sun Communities inked a $1.68 billion deal to acquire a large portfolio of mobile home communities, including 35 properties in Florida.


Related Articles

arrow_forward_ios
Centerline Capital Advisors President Craig Perry and 17101 Southwest 200th Street (Credit: Google Maps)

Centerline snags 90-acre dev site in south Miami-Dade

Donald Trump, Vanilla Ice and Briny Breezes (Credit: Getty Images)

Trump Town? Briny Breezes wants to sell for $1B

From left: Andrea and Renzo Rosso

Diesel family dishes on Wynwood condo project

Orangebrook Mobile Home Estates and Carlyle Group co-CEOs Kewsong Lee and Glenn A. Youngkin (Credit: Google Maps, Carlyle Group)

Private equity giant scoops up mobile home park in Hollywood

Frank Gore and his Davie home (Credit: Getty Images)

NFL’s Frank Gore lists Davie mansion

Rendering of Bridge Point 595 and Kevin Carroll

Bridge Development nabs $60M loan for Davie industrial project

Daily Digest Miami

SoftBank brings on Marcelo Claure to help turn around WeWork, Hallandale Beach project scores $100M loan: Daily digest

Lennar's Stuart Miller and a rendering of a Sierra Ranch home

Lennar closes on 89-acre Davie site for single-family home community

arrow_forward_ios
Loading...