Vantage Commercial is thrilled to announce the successful sale of a 24-pad mobile home park in Hainesport, N.J.
The mobile home park was purchased last year by one of Ken Richardson’s (Executive Director of Vantage Commercial) investor clients. As the demand for parks continues to increase, the investors listed the park with Vantage to sell the mobile home park.
Ken Richardson, along with Corinne Giletto, Director of Client Services at Vantage Commercial, represented both the buyer and seller in this agreement, allowing the asset to efficiently change ownership.
In just a few weeks from acquiring the listing, Richardson identified the buyer, negotiated the transaction, and ultimately, sold the asset.
“The park will be well positioned for success and future growth with its new ownership. The buyer is an operator of several parks in NJ. They plan on making major improvements to the community to modernize the infrastructure and possibly add pad sites,” stated Richardson
“Ken has once again represented us very well; he makes sure communication is efficient between all parties. This transaction was seamless and closed without issue,” stated Tilak Singh, the seller.
About Vantage Commercial:
Headquartered in Cherry Hill and Philadelphia, Vantage Commercial is a full-service commercial real estate brokerage and advisory firm serving New Jersey, Philadelphia, and Eastern Pennsylvania.
Vantage Commercial specializes in all aspects of commercial real estate including Landlord Representation, Tenant Representation, Healthcare Real Estate Services, Investment Sales and Acquisitions, Multi-Family Sales and Acquisitions, Business Brokerage, Land Sales, Land Development, Property Management, Property Valuations, and Advisory.
Vantage Commercial is guided by the core belief that in order to achieve success, we must think like a client but perform like a partner.
We have the optimal team in place to service any commercial real estate project and we work hard to achieve our client’s goals.
Each member of the Vantage Commercial team brings a unique background and perspective to the market. Combined, we have tremendous, unmatched experience that shows in our success in the CRE market in New Jersey and Pennsylvania.
To learn more about the team, services, or to contact Vantage Commerical, visit www.VantageRES.com