UMH PROPERTIES BUYS HOLIDAY MOBILE VILLAGE FOR $7.2M

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NASHVILLE — UMH Properties Inc. has purchased Holiday Mobile Village, a 274-site manufactured home community on 68 acres in Nashville, for $7.2 million. The property is 82 percent occupied. With the deal, UMH now owns 68 manufactured home communities consisting of 12,800 developed home sites. The buyer plans to increase occupancy at the new property by implementing its sales and rental program.

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