RHP Properties Expands Portfolio with Purchase of Pinewood Acres in Delaware
RHP Properties Expands Portfolio with Pinewood Acres
RHP Properties has recently made a significant addition to its portfolio by acquiring Pinewood Acres, a vibrant all-age manufactured home community located in the heart of Dover, Delaware. Spanning a total of 346 home sites, this community is not only ideally situated in the capital region but also presents itself as an affordable housing option for diverse residents.
A Strategic Location
Located along State Road 13, Pinewood Acres boasts proximity to various essential resources. Residents will find themselves within walking distance to major retailers such as Walmart and just a short drive away from popular destinations including Sam's Club, Lowe's, and Best Buy. The community's accessibility to major employment hubs, including the State of Delaware, Bayhealth, and Delaware State University make it an attractive location for individuals and families alike, seeking quality housing near their workplaces.
Amenities and Lifestyle
What sets Pinewood Acres apart is the combination of affordability and the wealth of amenities nearby. The residents enjoy convenient access to major healthcare facilities, educational institutions, and retail amenities, which significantly enhances their quality of life. Notably, the community is less than 10 minutes away from the famous Dover Motor Speedway and Bally's Dover Casino Resort, providing ample opportunities for entertainment and recreation.
RHP Properties Commitment
Ross Partrich, the CEO of RHP Properties, expressed enthusiasm about the acquisition, stating, “We’re pleased to welcome Pinewood Acres to the RHP family. Its location and affordability make it an outstanding place for families and individuals to call home. We look forward to investing in the community and continuing our commitment to providing high-quality, professionally managed communities for our residents.”
Founded in 1988, RHP Properties has established a strong track record in managing manufactured home communities, maintaining a firm commitment to providing well-kept, resident-focused environments. This latest acquisition exemplifies their ongoing mission to cater to the needs of residents by offering attainable housing solutions in desirable locations.
Future Development Plans
As part of RHP’s initiative to enhance the community’s value, there are plans to invest in various upgrades and improvements within Pinewood Acres. This will not only elevate the living experience for current residents but also attract new families looking to settle in the Delaware area.
In addition to creating a welcoming atmosphere, RHP Properties focuses on maintaining strong ties within the community and enhancing long-term relationships with its residents. This acquisition aligns with their philosophy of putting residents first and ensuring that the communities remain both desirable and affordable.
In conclusion, the acquisition of Pinewood Acres marks an exciting chapter for RHP Properties as they continue to expand their footprint in the manufactured home market. The combination of strategic location, affordability, and commitment to quality makes Pinewood Acres an exemplary community that promises to meet the evolving needs of its residents over the coming years.