$53M Sale of Two Manufactured Home Communities in Arizona and Florida Completes

Land Advisors Organization facilitates the sale of Spanish Trails West in Casa Grande, Arizona and Sundance in Zephyrhills, Florida to original developer.

Scottsdale, Ariz./Tampa, Fla. (March 11, 2024) – Two manufactured home communities, with a combined total of more than 400 single-family manufactured home units and RV lots, were recently sold for $53M to the original developer of the communities, Stealth Group AZ, LLC. The two communities include Spanish Trails West in Casa Grande, Arizona and Sundance in Zephyrhills, Florida.

Land Advisors Organization’s team of advisors Kirk McCarville, CCIM and Trey Davis in Casa Grande, Arizona and Nancy Surak, ALC, CCIM in Tampa, Florida represented the buyer. The seller of the two communities was Sun Communities.

“Because of our long-term relationship with both the buyer and seller in these transactions, we were able to assist each of them with accomplishing their investment goals,” said Davis. “When the buyer approached our team about expanding their portfolio, we saw an opportunity to bring the two entities together for their mutual benefit – it’s a true ‘win-win’ scenario.”

Spanish Trails West is located on 42 acres in Casa Grande, Arizona and includes 195 single-family manufactured home sites as well as RV lots. The community was originally built in 2022 and has additional homesites available.

Sundance is located outside of Tampa on 34 acres in Zephyrhills, Florida and includes 332 single-family manufactured home sites, which are all built out. The community, which was originally built in 1985, also contains RV lots.

“This deal is a prime example of how Land Advisors Organization’s offices across the U.S. synergize for triumphant outcomes,” said Surak. “By harnessing a cross-country partnership, our multi-state team facilitated these transactions and provided our clients with the solution they were seeking. It’s a shining illustration of how our cohesive efforts and deep understanding of our clients’ goals can lead to success.”

About Land Advisors Organization

Founded in 1987, Land Advisors Organization is the nation’s largest land brokerage firm specializing in providing deep market insights to landowners and purchasers for the most comprehensive and effective evaluation of land in markets nationwide. By integrating current local market information with cutting-edge technology and geographically specialized professionals, Land Advisors Organization advises clients in identifying and capitalizing on valuable land opportunities in all economic environments. Land Advisors Organization serves landowners and purchasers from offices in Phoenix, Tucson, Casa Grande, and Prescott, Arizona; Irvine, San Francisco, Century City, Pasadena, Roseville, and San Diego, California; Orlando, Jacksonville, and Tampa Bay, Florida; Atlanta, Georgia; Charlotte, North Carolina; Nashville, Tennessee; Boise, Idaho; Las Vegas, Nevada; Albuquerque, New Mexico; Austin, Houston, and Dallas-Fort Worth, Texas; Salt Lake City, Utah; Kansas City, Kansas; and Seattle, Washington. Stay connected with us on Twitter, Facebook, and LinkedIn.

Media Contact: Patty Johnson, Connections Marketing & Communications
PattyJohnson@Connections-marcom.com or 602.402.2965