Press Release – Acquisition of a new manufactured housing community
MHC Capital, the 74th largest owner-operator of manufactured housing communities in the nation, has successfully acquired a new manufactured housing community, Twin Wall, in the Toledo, OH market. The community is to be added to the firm’s 1031 Delaware Statutory Trust strategy.
December 4th 08:35 Pacific
LOS ANGELES, Cal., December 4 /PRNewswire/ — MHC Capital has acquired a new manufactured housing community, Twin Wall, in Toledo, OH. This community will be added to the firm’s 1031 Delaware Statutory Trust strategy.
“Our 1031 Delaware Statutory Trust strategy has been a real game changer for current owners who are looking to sell their communities but are concerned about the tax consequences.” “Our 1031 strategy allows them to sell and defer the gain and reinvest the proceeds in a pool of manufactured housing communities.” “The act of having 100% of the sales proceeds go to work does some very powerful things to the return on the new investment.” Steve Anderson a Partner at MHC Capital commented.
To learn about the benefits of Investing with MHC Capital, please visit: https://www.mhccapitalllc.com/Investors.
About MHC Capital
MHC Capital is a real estate investment firm focused on the manufactured housing space. Currently MHC Capital is one of the largest owner-operators of manufactured housing communities in the nation. MHC Capital provides affordable housing to thousands of Americans.
Steve Anderson, Partner
SOURCE MHC Capital