By: Benzinga
UMH Properties Inc. Announces New Acquistion
UMH Properties, Inc. (NYSE: UMH ) announced that it has acquired Holiday Mobile Village, a 274-site manufactured home community situated on approximately 68 acres, located in Nashville, Tennessee, for a purchase price of $7,250,000. The occupancy for this community is approximately 82%. With this purchase, UMH now owns sixty-eight manufactured home communities consisting
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