Liberty Investments Secures Finanicing for Colonial Acres Mobile Park

Aztec Group secured $ 9.15 million in senior debt financing for Colonial Acres Mobile Home Park in Miami, FL. Senior managing director Howard Taft and director Charles Penan of Aztec Group, Inc. arranged the financing for the owner.

Located at 9674 NW 10th Ave. in Miami, Florida, Colonial Acres is a 296-pad mobile home community. The park average occupancy rate is around 97 percent. Over the next few years, the park’s ownership, Liberty Investments…
South Florida Commercial Real Estate News From CoStar Group