UMH Properties Inc. Announces Opening of Memphis Blues Manufactured Home Community
(PRWEB) March 15, 2016 -- UMH Properties Inc. (NYSE:UMH) announces the opening of Memphis Blues, a new manufactured home community located at the site of its former Memphis Mobile City community. Memphis Blues is a gated community that features amenities including a playground, 24-hour maintenance and on-site management. Its central location is near some of Tennessee’s most famous attractions, such as Elvis Presley’s Graceland.
The community has been completely rebuilt, with new streets, utilities, perimeter security fences, office and amenities. The site was filled during the reconstruction, raising the ground above the flood elevation to help prevent floodwater from entering the community. In addition to the higher ground elevations, the homes will be installed per the City’s zoning ordinances to provide additional protection from flooding. The new community is set to reopen in this June when renovations are completed, and residency applications are currently being accepted.
About UMH: UMH Properties, Inc, is a real estate investment trust (REIT) that owns and operates manufactured home communities in seven states, including New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana and Michigan. UMH has been in business since 1968, operating as a public company since 1985. The company owns a portfolio of 98 manufactured home communities that include approximately 17,800 home sites and over 1,100 acres of land for new site development.
UMH Properties, Inc. and its community managers are committed to providing safe, comfortable and neighborly communities so residents can experience the lifestyle they want without the burden of expensive land purchases. Neighborhoods instill a strong sense of community with amenities for residents of all ages. UMH shows its commitment to each community by setting aside a portion of its capital budget for upgrades. By continuously improving their communities, UMH is positively changing the standard of manufactured housing.
Regina Beasley, UMH Inc., http://www.umh.com/, +1 901-466-2050, [email protected]
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