Home Finance Hometown America Spends $170MM for 297-Site Manufactured Housing Site in Malibu
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Hometown America Spends $170MM for 297-Site Manufactured Housing Site in Malibu

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Mobile home park. A row of residential mobile park homes in a small town somewhere in California, street view. Lifestyle, architecture
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(Editor's Note: According to public documents reviewed by The Registry, Chicago-based Hometown America spent $170 million, or around $572,390 per site, to acquire the property from Pomona-based ADM Properties. The property is located at 29500 Heathercliff Rd. in Malibu, and the sale closed on September 17, 2024.) MALIBU, Calif.--Marcus & Millichap (NYSE: MMI), a leading […]

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