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Deals & salesDelawareOrganizations: RHP PropertiesBy RISE Community editorsPosted on RISE

RHP Properties adds Pinewood Acres near Dover to its growing Delaware portfolio

RHP Properties announced on July 30 that it bought Pinewood Acres, a 346-site community near Dover, Delaware, for $31.14 million.

Key facts

  • RHP Properties, based in Michigan, announced on July 30 that it had acquired Pinewood Acres, an all-age community with 346 home sites in the Dover area.
  • Property records show that the community sold for $31.14 million.
  • The community covers 73 acres and includes a clubhouse, a swimming pool, a playground, a basketball court and a pond.
  • RHP bought Shady Park, a 304-site community in Selbyville, for $8.9 million in 2018.
  • In 2022, three Sussex County purchases added 690 home sites and raised RHP's Delaware holdings to seven communities.

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Read the original at Delaware Business Times (opens in a new tab)

Source: RHP Properties buys Dover-area manufactured home community for $31M — Delaware Business Times, August 14, 2026. Summary and commentary by RISE Community; read the full story at the source.

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