Athena Real Estate, a real estate investment and advisory firm focused on specialty collateral types, has announced the acquisition of Morningside RV Estates, a 400-site, 55-plus RV park located in Dade City, Fla.
The property, acquired through an Athena affiliate, is located in Pasco County and caters to the senior community, according to a news release. Morningside RV Estates is the second RV park purchased by Athena Real Estate in Central Florida. Athena currently owns and operates Cypress Campground & RV Park in Winter Haven, which is approximately 2 1/2 miles from LEGOLAND.
Richard J. O’Brien, CEO and founder of Athena Real Estate, said, “We are extremely pleased to acquire Morningside RV Estates. This is a wonderful 55-plus community with high quality amenities, large lots and terrific infrastructure. The property is an attractive location for retirees and is conveniently located near retail stores and medical facilities. Its close proximity to Tampa and Orlando also is a big draw.”
Athena Real Estate is seeking to grow its portfolio through East Coast RV and mobile home park acquisitions with an emphasis on the Sunbelt, he added.