Deals & salesMinnesotaOrganizations: Legacy Communities, GHI Investments, NorthmarqBy RISE Community editorsPosted on RISE
Legacy Communities Buys 300-Pad Vintage Acres in Duluth in $25.5-Million Deal
Legacy Communities acquired Vintage Acres, a 300-pad community in Duluth, MN, in a $25.5-million sale announced by Northmarq on July 7, 2026.
Key facts
- Northmarq represented seller GHI Investments, a Duluth company, in the $25.5-million sale of Vintage Acres.
- The buyer was Legacy Communities, based in Phoenix, AZ.
- Vintage Acres is a 300-pad community built in 1985 that is more than 97-percent occupied, and nearly all of its homes are owned by residents.
- Northmarq's Debt & Equity unit arranged a Freddie Mac loan for the buyer.
- The property sits on a 93.59-acre parcel and also includes two apartments and 14 storage units.
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Read the original at PR Newswire (opens in a new tab)
Source: Northmarq Completes $25.5-Million Sale of 300-Pad Manufactured Home Community in Duluth, MN — PR Newswire, July 7, 2026. Summary and commentary by RISE Community; read the full story at the source.
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