Manufactured Housing Properties Acquires Palm Shadows Mobile Home & RV Resort

CHARLOTTE, N.C., April 17, 2023 (GLOBE NEWSWIRE) --  Manufactured Housing Properties Inc. (OTC: MHPC), a leading owner and operator of manufactured housing communities, announced today the company’s acquisition of Palm Shadows Mobile Home & RV Resort.

Palm Shadows is a 55+ age restricted manufactured housing and RV resort community containing a total of 402 sites and 24 apartment units situated on approximately 26.95 acres in Donna, Texas; part of the McAllen-Edinburg-Mission, TX MSA.  Resort amenities include a swimming pool and spa, recreational and activity center, lounge, outdoor shuffleboard, laundry facilities and an RC track area.  The community is serviced by public water and sewer.

“Palm Shadows Resort fits perfectly into our goal to expand into the Texas market,” said MHP’s Chairman and CEO Ray Gee.

“The Palm Shadows Resort acquisition reflects our continued focus on acquiring communities that contain a high percentage of lot rent-only home sites,” added MHP President Jay Wardlaw. “We look forward to adding additional Texas communities to our portfolio.”

Manufactured Housing Properties now owns and operates 58 manufactured housing communities comprised of 3,139 home sites.

About Manufactured Housing Properties Inc.

Manufactured Housing Properties Inc. (“MHP”) together with its affiliates, acquires, owns, and operates manufactured housing communities in North Carolina, South Carolina, Georgia, Tennessee, and Texas. The company focuses on acquiring and operating manufactured housing communities in high growth markets and is actively seeking to expand its portfolio.  To learn more, please visit

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Adam Martin

Chief Investment Officer

(980) 273-1702 ext. 239