Marcus & Millichap Negotiates Sale of Two Manufactured Home Communities in Elkhart, Indiana

by Kristin Harlow

ELKHART, IND. — Marcus & Millichap has negotiated the sale of two manufactured home communities in Elkhart, 15 miles southeast of South Bend, for $24.4 million. Together, Parke Place Estates and Boardwalk Retirement Community feature 559 homesites on 155 acres. The properties are located at 2231 Osolo Road. Jonathon McClellan, Kyle Baskin and Michael DiCillo Jr. of Marcus & Millichap represented the undisclosed seller and procured the buyer, UMH Properties Inc.

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