United Mobile Homes, Inc. Announces New Acquisition
22 6월 2005 - 4:40AM
PR Newswire (US)
United Mobile Homes, Inc. Announces New Acquisition FREEHOLD, N.J.,
June 21 /PRNewswire-FirstCall/ -- United Mobile Homes, Inc.
(AMEX:UMH) announced the acquisition on June 17, 2005, of 185 acres
of land in the Town and Village of Coxsackie, New York for a
purchase price of approximately $1,700,000. This land will be used
to develop a new community for the Company. Samuel A. Landy,
President, stated, "We are looking forward to working with Saratoga
Associates to develop a prestigious manufactured home community in
Coxsackie. This will be a beautiful addition to our family of
communities." Saratoga Associates, a well known firm of architects,
engineers and planners, will assist United Mobile Homes, Inc. in
creating a unique and customized community. The firm has a long and
successful history working with Upstate New York communities like
Coxsackie to integrate new developments that both enrich and
enhance the character of the host community. United Mobile Homes,
Inc. is a publicly owned real estate investment trust whose primary
business is the ownership and operation of manufactured home
communities. The Company owns and operates 27 manufactured home
communities in New York, New Jersey, Pennsylvania, Ohio and
Tennessee. In addition, the Company owns a portfolio of REIT
securities. United Mobile Homes, Inc. has been in operation since
1968, operating as a public company since 1985. DATASOURCE: United
Mobile Homes, Inc. CONTACT: Rosemarie Faccone or Susan Jordan,
United Mobile Homes, +1-732-577-9997
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