Charlotte, North Carolina, July 28, 2022 (GLOBE NEWSWIRE) -- Manufactured Housing Properties Inc. (OTC:MHPC) today announced the acquisition of three properties.
On June 17, 2022, MHPC acquired a manufactured housing community located in Brunswick, Georgia totaling 72 lots and 30 homes. The acquisition expanded MHPC’s presence in the Brunswick market alongside the Golden Isles community that MHPC acquired in March of 2021.
On June 28, 2022, MHPC acquired 62 acres of undeveloped land zoned for approximately 200 mobile home lots in Raeford, North Carolina, a town in the Fayetteville Metropolitan Statistical Area.
On July 7, 2022, MHPC acquired a manufactured housing community located in Leesville, South Carolina totaling 39 lots and 39 homes.
The company now owns and operates 48 manufactured housing communities totaling 2,299 lots.
About Manufactured Housing Properties Inc.
Manufactured Housing Properties Inc., together with its affiliates, acquires, owns, and operates manufactured housing communities. The company focuses on acquiring and operating manufactured housing communities in high growth markets and is actively seeking to expand its portfolio.
Forward-Looking Statements
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Regulation A Offering
An offering statement relating to our offering of Series C Cumulative Redeemable Preferred Stock has been filed with the SEC. The SEC has qualified that offering statement, which means that we may make sales of the securities described by that offering statement. It does not mean that the SEC has approved, passed upon the merits or passed upon the accuracy or completeness of the information in the offering statement. You may obtain a copy of the offering circular that is part of that offering statement through this link. You can also obtain a copy of the offering circular by contacting J.R. Thacker at Arete Wealth Management, LLC, the placement agent for the Regulation A offering, by calling (888) 690-3580, by email at jrthacker@centerstreetsecurities.com, or write to Arete Wealth Management, LLC at 2 International Plaza Suite 301, Nashville, TN 37217.
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Contact:
Jay Wardlaw
President
(980) 273-1702 ext. 244
