MARCUS & MILLICHAP HANDLES $38.3 MILLION MOBILE-HOME PARK SALE

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POWAY, CALIF. — Marcus & Millichap has brokered the $38.3 million sale of Poway Royal Estates, a 399-space, 51-acre mobile-home park located at 13300 Alpine Drive in Poway. Constructed in 1972, the park consists of almost all doublewide homes on doublewide sites and includes two clubhouses and swimming pools. Marcus & Millichap’s Douglas Danny represented the seller, the City of Poway, in the transaction.

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