Manufactured home communities remain a popular choice for many Florida retirees seeking affordability and lower maintenance costs, especially those who split their time between states. However, the sale of three such properties to GMF Group, a real estate investment firm, illustrates a growing trend of corporate investors purchasing these communities for millions of dollars. Below is a closer look at the recent deals and the reactions of residents.
The Village (Zephyrhills)
- Location: 6991 Fort King Road
- Sale Price: $1.8 million to GMF Group
- Profile: A 55+ community featuring both mobile homes and RVs
- Resident Rating: 3.6 out of 5 stars on Google Reviews
Residents have voiced mixed opinions. Some have complained about rising rents or fewer amenities than they would prefer. One resident, Jackie Miller remarked,…