Manufactured Housing Community - Sale

Northmarq’s Newport Beach investment sales team delivers sale of Glencrest in Slatington, Pennsylvania

NEWPORT BEACH, CALIFORNIA (February 8, 2022) – Shane Shafer, managing director, Quinn Breslin, associate, and David Hulme, associate in Northmarq’s Newport Beach investment sales office collaborated to arrange sale of Glencrest. The 272-unit manufactured home park is located at 6000 Glencrest Road in Slatington, Pennsylvania. 

The property offers numerous amenities, including: Playground, basketball court, tennis courts, RV/trailer storage, water/sewer/trash included, snow-plowed streets, and a pet-friendly policy. Commuters benefit from the parks close proximity to the PA turnpike, as well as being just a 15-minute drive from Allenton and Route 22. The park consists of a mix of both new and older single and doublewide homes. 

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales and loan servicing. We combine industry-leading capabilities with a flexible structure, enabling our national team of experienced professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of more than $37 billion and a loan servicing portfolio of nearly $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq introduces clients to expanded opportunities across all major asset classes.