Derek Harris • 602-803-6227
Manufactured Housing & Commercial Brokerage

Recent News

Manufactured Housing Communities

Featured News

Click below to read the featured article about HARRI5 in the news.

Recent News

Click below to read about HARRI5 and our Founding Principal, Derek Harris, in the news.

HARRI5 Closes 1,230-Unit MHC Sale in Arizona

Sun Vista RV Resort LLC has acquired a 1,230-unit manufactured housing community in Yuma, AZ, for $80 million - A private individual sold the mobile home and RV resort, with HARRI5 working on behalf of both parties.

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HARRI5 negotiated the sale of a mobile home park and RV resort for $115 million.

The William Corrigan family paid $80 million for Sun Vista Resort in Yuma and sold Pueblo Manor in Apache Junction for $35 million. Derek Harris, founder of HARRI5, represented both parties in both transactions.

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BoaVida Group Buys West Nevada MHC for $13M Brokered by HARRI5

Ideal MHP LLC, has purchased a 197-unit manufactured housing community in Fallon, Nev., for $13.1 million, according to Churchill County records. HARRIS brokered the deal.

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HARRI5 facilitated the cash sale of Las Quintas Oasis in Yuma to Cobblestone Properties.

Cobblestone Properties has acquired Las Quintas Oasis, a 460-unit manufactured home community in Yuma, Ariz., for $25 million. HARRI5 brokered the cash sale.

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Sun Communities Buys Southern California MHC for $18M – Brokered by Harri5

Sun Communities has expanded its Southern California portfolio with the acquisition of Bel Air Estates, a manufactured housing community in Menifee, Calif. Brokered by Harri5

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What the New Housing Supply Action Plan Means for Manufactured Housing

Harris: Manufactured housing communities maintained strong rent collections during the pandemic. The pandemic amplified the strong and stable income from these assets.

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Tampa Manufactured Housing Community Changes Hands for $12M

HARRI5 has brokered the sale of Country Villa Estates, a 130-site manufactured housing community in Riverview, Fla. Public records show Legacy Communities acquired the over 55 property for $12.1 million.

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San Jose Manufactured Housing Community Trades for $39M

Hometown America has acquired Mary Manor Estates, a 116-site manufactured housing in Sunnyvale, Calif., from a private seller. HARRI5 brokered the $39 million deal on behalf of both parties.

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Nikola buys Phoenix HQ; plus 11 other Valley real estate deals to know

Derek Harris just closed a $15 million sale of the 300-space Quail Run RV Resort, a 55+ community in Arizona City. The founder and principal of HARRI5 Manufactured Housing and Commercial Brokerage has closed or has in escrow $200 million of these communities so far this year in Arizona.

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Three more Valley manufactured housing communities change hands

Derek Harris has negotiated the sale of three manufactured housing communities in Arizona totaling $27 million.These deals come on the heels of $530 million in sales in 2020 totaling 23 communities with 6,100 sites in metro Phoenix. Since 2020, Harri5 has closed and has in escrow $705 million in deals for 34 communities totaling 8,300 sites nationwide.

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Private equity giant buys another resort in Mesa

The Washington, D.C.-based private equity giant paid $7.75 million for the 178-site Mesa Sunset RV Resort Derek Harris, founder and principal of Harri5, represented the buyer. "In 2021, the focus of the institutional investors to acquire RV resorts across Harri5 Manufactured Housing & Commercial Brokerage national platform is moving at an accelerated pace compared to 2020," Harris said.

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'Recession resistant' manufactured housing in Valley sees unprecedented investor interest

In September, private equity giant The Carlyle Group Inc. (Nasdaq: CG) paid a record-breaking $88 million for an RV resort in Apache Junction, brokered by Derek Harris, founder and principal of HARRI5. Then in October, Harris brokered another deal, where The Carlyle Group paid $32 million for Peoria Mobile Estates in Peoria and Imperial Broadmoor in Mesa.

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Phoenix-Area Mobile Home Park Trades for $88 Million with Harri5

A Phoenix-area mobile home park in Apache Junction has sold for $88 million. Derek Harris of Harri5 Manufactured Housing & Commercial Brokerage brokered the Phoenix Market deal that was selected as the third quarter 2020 winner of the CoStar Power Broker Quarterly Deal Award.

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Equity giant buys more Valley RV properties on heels of record-breaking purchase

On the heels of an $88 million record-breaking deal, a publicly traded private equity giant is gobbling up more mobile and manufactured home properties in the Valley. Derek Harris, founder and principal of HARRI5, represented the buyer in both deals.

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Desert Pueblo MHP Sells for $30 Million

Derek Harris of HARRIS Manufactured Housing & Commercial Brokerage represented both the buyer and seller, a family trust from Redwood, California.

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Major Investors Pile Into Mobile Homes As Housing Prices Skyrocket

The deal, brokered by Derek Harris, comes as sales of mobile home parks reached a record high last year at almost $3.2 billion, according to CoStar Analytics.

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The Carlyle Group Picks Up Mesa Mobile Home Community in $29 Million Deal

Derek Harris brokers yet another major investment in the Valley real estate market, The Carlyle Group of Washington, D.C. pays $29 million to buy the 302-space Castillo Nuevo mobile home community in Mesa.

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Blackstone and Treehouse purchase Eight Property Manufactured Housing Portfolio

Blackstone Real Estate Advisors L.P. and Treehouse Communities, LLC pays $74.387 million to buy the Eight Property Manufactured Housing Portfolio brokered by Derek Harris.

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Arizona adult RV parks sell for $25million

Three East Valley RV and mobile home parks have been sold for $25 million. A deal brokered by Derek Harris.

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