News

Teton Management Corp Purchases Mobile Home Community In New York’s Capital District

Pittsfield, MA – Capitalizing on decades of managerial experience, Teton Management entered the Mobile Home Community (MHC) asset class by purchasing the aptly named Pine MHC.  This property is a verdant, tree-lined, 77-pad community located in Castleton-On-Hudson, New York.

This acquisition fits nicely into Teton’s core business model of purchasing assets at a good price, with opportunities for Teton add value, manage effectively, and deliver outstanding customer service.  Even though this is a new asset class for the Teton portfolio, Pine Haven fits this strategy nicely.

“We pride ourselves on going the extra mile and work diligently to upgrade facilities and add park improvements that increase the value of this property [Pine Haven] and enhance its quiet, family-friendly atmosphere,” said George C. Whaling, Teton’s President and CEO.  “We’re seeing a great response from current tenants and area merchants that acknowledge our efforts and encourage us to move further into this asset class.”

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For more information, please contact:
Erin O’Brien, Marketing
[email protected]
413-442-5569 x116

PHOTOS:  Pine Haven MHC in Castleton-On-Hudson, NY

DISCOVER COUNTRY ACRES!
A LIVE, LOVE & ENJOY COMMUNITY
Brand NEW 3BD/2BA Rental For ONLY $1,600/mo*!

And To Put Some Extra Jingle In Your Pocket, We're Offering One Month's Free Rent And A Free Tree🎄

Must sign lease by 12/20/22  *$1,600 plus propane & electric. (Lot rent, water/sewer + trash removal included)