TWO MANUFACTURED HOME COMMUNITIES SELL FOR $23.65 MILLION IN FLORIDA

DEERFIELD BEACH, FLA. — Willow Lake Estates Inc. has completed the disposition of Country Knolls and Highland Village, two manufactured housing communities consisting of 666 lots on approximately 90 acres in Deerfield Beach. Additionally, the properties offer 5,360 square feet of retail/office space. The assets sold for $23.65 million. The buyers were Highland Village MHC, Country Knoll MHC and Highland Village Commercial. Barbara Welch and Bob Pino of Coldwell Banker Commercial NRT brokered the transaction.