REBusinessOnline

Marcus & Millichap Arranges $5M Sale of Three Manufactured Housing Assets in Texas

BEAUMONT, ROCKPORT AND HONDO, TEXAS — Marcus & Millichap has arranged the $5 million sale of a trio of manufactured housing communities totaling 241 homes in Texas. The properties are Wenwood, a 53-home community in Beaumont; Rockport Village, a 73-home asset in the Gulf Coast city of Rockport; and Hondo Villages—Jackson & Sunset, a 115-home property in the San Antonio suburb of Hondo. Jeff Taylor, Douglas Danny and Braeden Jehle of Marcus & Millichap represented the seller and procured the buyer, a partnership and limited liability company, respectively. Both parties requested anonymity.

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