REIT Sells 2 Calif. Resorts for $10 Million

September 5, 2008 by   - () Leave a Comment

Essex Property Trust Inc., a real estate investment trust (REIT) based in Palo Alto, Calif., announced it sold two RV parks it owned in El Cajon, Calif., for $10 million.
They are:

  • Circle Recreational Vehicle Park, a 170-site Good Sam Park, was sold for $5.4 million.
  • Vacationer Recreational Vehicle Park, a 148-site Good Sam Park, was sold for $4.6 million.
    Both were part of the Sunland RV Resorts chain.

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