M&A
confidence high
sentiment neutral
materiality 0.50
UMH Properties acquires Albany Dunes community in Georgia for $2.6M
UMH PROPERTIES, INC.
- Acquired Albany Dunes manufactured home community in Albany, GA for $2.6M.
- Community includes 130 developed homesites; 32% occupied on 43 acres.
- Year-to-date total: 5 communities, 587 sites, $41.7M in acquisitions.
- CEO cites operational efficiencies with nearby Mighty Oak community owned by Opportunity Zone Fund.