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RHP Properties Announces The Purchase Of 29 Manufactured Home Communities In Three States For $184,000,000


RHP Properties Announces The Purchase Of 29 Manufactured Home Communities In Three States For $184,000,000
Company Adds to Midwest Portfolio/New Homes and Upgrades Planned
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FARMINGTON HILLS, Mich., April 30, 2021 /PRNewswire/  RHP Properties, the nation s largest private owner and operator of manufactured home communities, has announced the acquisition of 29 manufactured home communities in Illinois, Indiana and Michigan containing more than 4,200 sites, for a purchase price of $184,000,000. This brings the company s total of manufactured home communities to 297 nationwide. The announcement was made by Ross Partrich, CEO, RHP Properties.
RHP Properties is pleased to announce the purchase of the Heritage Portfolio. We are proud to be preserving affordable housing for more than 4,000 families,  said Partrich. We also plan to improve these communities, including the addition of brand new homes. ....

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