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Investment Property Group has acquired Skandia Mobile Country Club for $58 million from the Coulter Family Trust. On 17 acres in Huntington Beach, CA, the property has 167 mobile home units.

The property had multiple offers. It is a trophy asset in a trophy location that is two miles from the ocean and walking distance to the Bella Terra outdoor shopping mall, according to Jeff Benson, SVP of investments at Marcus & Millichap, who brokered the deal. The units are doublewide spaces and all are tenant owned. The community has a pool, spa, game room and clubhouse with a full kitchen. Along with Samuel Neumark, Benson represented the seller in the deal and procured the buyer.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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