Manufactured Homes Portfolio (ARC)
Portfolio Sale: Maximizing Value by Selling Each Property Individually Rather than a Bulk-Sale to One Buyer
ARC (American Residential Communities) is one of the largest operators of manufactured housing communities in the United States.
The client's goal was to geographically reposition its portfolio by selling non-core assets while maintaining price integrity. This income producing portfolio consisted of 71 communities spread across the United States (15 states).
To maximize returns, Sheldon Good & Company recommended a bidding strategy that allowed bidders to purchase one or multiple properties in a "buy one, buy some, buy all" auction.
Over an 8-week period, Sheldon Good & Company implemented a national and international auction marketing plan.
The largest commercial real estate auction in U.S. real estate history.
Total Sales: $215,000,000
Click below to have an auction representative contact you about selling your property.