August 2022 – ELYA Holdings acquired Cool Springs Manufactured Home Community, a 110-site community in Opp, AL
Cool Springs is a tremendous value-add opportunity. With strong demand for affordable housing, below- market rents, directly-billed public utilities, and attractive infill potential along a lake, Cool Springs is a great addition to our Alabama portfolio. In the last 12 months, we completed four acquisitions totaling more than 300 lots. We continue to expand and are looking for more acquisitions.
