JACKSONVILLE, FLA – Prime Realty is pleased to have negotiated the purchase of the bank owned Regency Park, a mobile home park located in the Southside submarket of Jacksonville FL. Neil Hemenway, Vice President of Multi-Family Brokerage Services, represented a local investor through the transaction.
The new owners plan to rehab and reposition the nine acre park and it will be open to new renters in the coming weeks. The park has 92 pad sites and contained 58 homes at the time of sale. “Based on its location and price, we feel the buyer got a great deal. The park has a lot of potential and will make a great addition to the owner’s investment portfolio”, says Neil Hemenway. If you would like more information on the sale or Regency Park, please contact Prime Realty at 904-252-1525.