Marcus & Millichap brokers sale of 50-space manufactured homes community in Big Rapids – REJournals rejournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rejournals.com Daily Mail and Mail on Sunday newspapers.
Marcus & Millichap Closes $6M Manufactured Housing Sale
An entity connected to The BoaVida Group acquired the 127-site Vista Estates in Storm Lake, Iowa. Jan212021
Image via Google Street View
Marcus & Millichap has arranged the sale of Vista Estates, a manufactured housing community in Storm Lake, Iowa, for $5.5 million, according to
ReBusiness Online. Public records show the new owner is an entity related to The BoaVida Group.
Located at 811 Vestal St., the 127-site property is within 2 miles from several retail and dining options both in stand-alone buildings and within the Storm Lake Plaza as well as several parks and golf courses. Additionally, the community is close to Buena Vista University and the Buena Vista Regional Medical Center. Completed in 1971, Vista Estates includes 112 homes that are tenant owned.