Sun (Communities) Becoming More Orange

RVBusiness says that real estate investment trust (REIT) Sun Communities, Inc., of Southfield, Michigan, acquired Orange City RV Resort in Orange City, Florida, for $6.47 million cash.  Orange City has 517 RV sites and is less than 50 miles to Disney World and the Daytona Beach area.  According to the 2011 Allen Report, Sun operates manufactured home communities with 47,579 homesites and is ranked fourth largest land lease community (LLC).

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