News

Murray’s Winchester Estates To Remain Open; New Owner To Add 40 New Senior Residences

Expansion

  • Original residents able to stay in their beloved community
  • New clubhouse and other amenities to be constructed by new 
  • professional ownership
  • Two- and three-bedroom custom homes will be situated on large lots with views

MURRAY, Utah (September 16, 2019) –  Investment Property Group, one of the nation’s largest owners of manufactured home communities, has announced it will be ensuring current residents the opportunity to remain in their homes, as well as adding 40 new custom budget-friendly, pet-friendly homes at Winchester Estates, one of the country’s most scenic age-qualified communities.

“The residents of Winchester Estates, who were concerned that new property owners might close the park, were thrilled to learn that Investment Property Group is not only maintaining this gorgeous property as a manufactured housing community, but we are also upgrading Winchester with a clubhouse, a gazebo, and building 40 new homes we will offer for sale in the community,” notes Amber Monte, President for Investment Property Group. “This is a win-win for the current and future residents of Murray, and an exciting opportunity for our firm to bring this wonderful property to its full potential.”

The 40 new homes will feature a broad array of finishes and floor plans and are attractively priced starting at just $130,000, says David Bates, director of Homes Sales and Marketing for Investment Property Group.

 “Each home will be unique, offering ample square footage, full appliance packages, front porches, modern flooring, and custom paint colors,” explains Bates. “We’re also adding a great new clubhouse for the community, as well as new outdoor amenities for our residents and their grandchildren to enjoy.” 

According to the Salt Lake City Tribune, the median home price in Murray is $350,000.  Adults who are 55 years and older will have an opportunity to purchase a brand-new manufactured home in Winchester Estates at a savings of as much as $200,000 below that median price, Bates points out.

“New homes have lower initial maintenance costs, of course, because everything from the appliances to the flooring, plumbing and lighting is brand new,” he adds. “And our lots have been created as large spaces on which homeowners can really enjoy all the natural beauty just outside their door.” 

Winchester Estates is a 55-plus age-qualified pet-friendly community. The new residences that will be for sale in the spring include two-bedroom plus den, and three-bedroom options.

The community is located next to a golf course and within 10 minutes of dozens of restaurants, as well as shopping, hotels, hospitals, and houses of worship.

More information about Winchester Estates is available at https://winchesterestatesipg.com or by calling 801-262-3101.

About Investment Property Group

Investment Property Group is based in Irvine, California.  The firm specializes in manufactured home communities and RV parks, with a portfolio of 95 communities in the states of Arizona, California, Colorado, Idaho, Utah, Oregon, Minnesota and Washington. Additional information on Investment Property Group is available at www.ipgmhc.com.