RHP Acquires Countryside Village in Jacksonville

BizJournals reports RHP Properties of Farmington Hills, Mich. has acquired Countryside Village manufactured housing community in Jacksonville, Fla. for $31.3 million from Denver-based ARC Managements Services LLC. The acquisition includes vacant land along Beach Boulevard. According to Duval County records, the property contains 114 structures on 106 acres. Two independent websites indicate there are 643 homes in Countryside, a number that could not be immediately confirmed. MHProNews reported April 16, 2013 that RHP, in conjunction with Northstar Realty Finance Corp., acquired 71 MHCs for $865 million. RHP bills itself as the largest privately-held owner/operator of MHCs with 231 communities comprised of 51,000 homesites.

(Photo credit: Sunny Oaks Community)

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