The NAI Horizon team of Russ and Andrew Warner negotiated the $12.175 million sale of The Meadows, a mobile home and RV park at 13 Broadway Run in Ketchum, Idaho.
NAI Horizon worked in cooperation with NAI Black of Spokane, Wash., in representing the buyer, Pacific Current Partners of California. The seller was John Allen Partners of Ketchum, Idaho.
The Meadows is a 186-space RV and mobile home park with eight apartments and roughly 12 acres of excess land. The Meadows is located in the shadow of the nationally renowned resort town of Sun Valley, Idaho.
“The Meadows is truly a unique property,” said Russell Warner, a Senior Vice President in Manufactured Housing Investments. “It’s very difficult to find large mobile home parks in a neighborhood with $1 million-plus homes in an area where investors love to travel. The scarcity of affordable housing in the area makes The Meadows a gem.”