Ingenia Communities (ASX ticker:INA) of Sydney, Australia has acquired two manufactured home communities in Mudgee, New South Wales, Australia for $11.2 million. The Mudgee Valley Tourist Park had a price tag of $4 million, according to proactiveinvestors.com.au, while the Mudgee Tourist and Van Resort sold for $7.2 million. Ingenia specializes in senior housing communities, owning 44 properties with 3,200 units, including 1,105 manufactured homes. MHProNews has learned Mudgee is in southeast Australia near Sydney.
(Photo credit: Darren–Brisbane, Australia manufactured homes)