Norfolk mobile home parks sell for $9.75M, $6.4M
Properties are 12 and 7 acres
Two mobile home parks in Norfolk have sold, one for $9.75 million and one for $6.4 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Thursday.
Located at 6659 E. Virginia Beach Blvd., Smitty’s Mobile Home Park consists of 136 pad sites on about 12.3 acres. Bonaventure bought the property from Hendrick Family LLC in a $9.75 million transaction that closed on Monday. Clark Simpson and Erik Conradi of Thalhimer’s Capital Markets Group represented Hendrick Family LLC.
Containing 78 pad sites, Central Mobile Home Park occupies 7.4 acres at 3584 Argonne Ave. YPB LLC sold the property to a Florida-based investor on April 4 for $6.4 million. Simpson and Conradi represented YPB LLC.