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Invesco Acquires 187-Unit Harvest Gate Mobile Home Park for $27.4MM in Puyallup
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Invesco Acquires 187-Unit Harvest Gate Mobile Home Park for $27.4MM in Puyallup
The deal between two institutional heavyweights underscores continued investor appetite for manufactured housing communities in the Puget Sound region An entity affiliated with Invesco has acquired Harvest Gate Mobile Home Park, a 187-site gated manufactured housing community in Puyallup, from a Blackstone-affiliated seller for $27.4 million, according to Pierce County records. The transaction, which closed on Feb. 2, equates to approximately $1…
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