UMH Properties Acquires Georgia Community for $2.6 Million
PorAinvest
martes, 7 de octubre de 2025, 4:35 pm ET1 min de lectura
UMH--
Samuel A. Landy, President and Chief Executive Officer of UMH Properties, commented on the acquisition, stating, "We are pleased to complete the acquisition of Albany Dunes, further expanding our footprint in the Georgia market. This community is less than two miles from our Opportunity Zone Fund’s existing Georgia community, Mighty Oak, which should create efficiencies in our operation and result in greater profitability." The company plans to upgrade the community, which currently has 42 occupied sites, aiming to increase occupancy rates and property values over time [1].
Year-to-date, UMH Properties has acquired five communities, containing 587 sites, for a total purchase price of $41.7 million. The company continues to evaluate acquisition opportunities and anticipates a growing acquisition pipeline for the remainder of the year [1].
UMH Properties, established in 1968, owns and operates 145 manufactured home communities across 12 states, with a total of approximately 25,800 developed homesites. The company primarily leases manufactured homesites to residents and also sells and finances the sale of manufactured homes [1].
Reference List:
[1] https://www.stocktitan.net/news/UMH/umh-properties-inc-announces-acquisition-of-a-georgia-kka431i301hp.html
UMH Properties, a real estate investment trust, has acquired a Georgia community for $2.6 million. The company owns and operates 135 manufactured home communities across 12 states, with a total of approximately 25,800 developed homesites. UMH Properties primarily leases manufactured homesites to residents and also sells and finances the sale of manufactured homes.
UMH Properties, Inc. (NYSE: UMH; TASE: UMH), a leading real estate investment trust (REIT), has expanded its footprint in the Georgia market with the acquisition of a manufactured home community in Albany, Georgia. The deal, closed on October 7, 2025, involved a total purchase price of $2.6 million for the community, which contains 130 developed homesites [1].Samuel A. Landy, President and Chief Executive Officer of UMH Properties, commented on the acquisition, stating, "We are pleased to complete the acquisition of Albany Dunes, further expanding our footprint in the Georgia market. This community is less than two miles from our Opportunity Zone Fund’s existing Georgia community, Mighty Oak, which should create efficiencies in our operation and result in greater profitability." The company plans to upgrade the community, which currently has 42 occupied sites, aiming to increase occupancy rates and property values over time [1].
Year-to-date, UMH Properties has acquired five communities, containing 587 sites, for a total purchase price of $41.7 million. The company continues to evaluate acquisition opportunities and anticipates a growing acquisition pipeline for the remainder of the year [1].
UMH Properties, established in 1968, owns and operates 145 manufactured home communities across 12 states, with a total of approximately 25,800 developed homesites. The company primarily leases manufactured homesites to residents and also sells and finances the sale of manufactured homes [1].
Reference List:
[1] https://www.stocktitan.net/news/UMH/umh-properties-inc-announces-acquisition-of-a-georgia-kka431i301hp.html

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