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
UMH PROPERTIES, INC. ANNOUNCES ACQUISITION OF A GEORGIA COMMUNITY[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
UMH PROPERTIES, INC. ANNOUNCES ACQUISITION OF A GEORGIA COMMUNITY[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
UMH PROPERTIES, INC. ANNOUNCES ACQUISITION OF A GEORGIA COMMUNITY[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
UMH PROPERTIES, INC. ANNOUNCES ACQUISITION OF A GEORGIA COMMUNITY[1].
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UMH PROPERTIES, INC. ANNOUNCES ACQUISITION OF A GEORGIA COMMUNITY[1] https://www.stocktitan.net/news/UMH/umh-properties-inc-announces-acquisition-of-a-georgia-kka431i301hp.html
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