UMH ACQUIRES TWO MANUFACTURED HOME COMMUNITIES IN OHIO

FREEHOLD, N.J. — UMH Properties, based in Freehold, N.J., has acquired two manufactured home communities in Ohio for a combined $5.9 million. The two communities total 280 sites situated on approximately 62 acres. The average occupancy for the communities is 89 percent. UMH now owns 55 manufactured home communities consisting of 10,400 developed homesites.