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LOYALTON MOBILE HOME PARK PURCHASED BY APARTMENT OPERATORS

2/8/2020

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Route 49 Partners, LLC announces the purchase of Loyalton Mobile Home Park. Route 49, LLC affiliated with the owners of M3 Multifamily, a national apartment owner/operator, intends to renovate and enhance the 10-acre mostly vacant parcel with new manufactured homes under quality care and professional management. The rental housing will consist of new, high quality, manufactured homes that will be owned by the property owners, with attractive common areas and responsible on-site management.
Doug Lawler, a full-time resident of Sierra Brooks and a Managing Partner of Route 49, LLC, who previously worked for M3 Multifamily as National Director of Maintenance overseeing a portfolio of 2,000 apartments in Reno, Tucson, Austin, San Antonio and Nashville, will be responsible for on-site development and operations. Lawler recognizes the Loyalton site has a difficult history in the community, stemming mainly from poor management and care. Lawler intends to provide the neighborhood with a housing development they can feel good about, and one that will provide reasonably priced new rental housing or their family and friends. "I love Loyalton, I moved here to start my family in a wholesome and country environment, a place filled with deep family roots. It is my home and I want to make sure that we not only provide quality homes, but also provide quality and proactive management that will make sure all of our residents are thoroughly screened and abide by the rules and regulations of the community that will ensure an enjoyable living place for all."

Route 49, LLC will also be renovating and managing the JD Mobile Home Park in Vinton.
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