Quirky Friday: What’s the Main Selling Point of Erie, PA Trailer Park?

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It's Friday and sometimes the impending weekend puts us in a quirky mood. And then we notice something that strikes us as quirky or interesting--and we pass it along. Such is the case with this story. UMH Properties, Inc. is a real estate investment trust (REIT) that owns and operates manufactured home communities in seven states throughout the northeast--trailer parks and modular home communities. UMH issued a press release yesterday to crow about buying yet another trailer park in Erie, PA for $3.8 million. Stick with us, there is a point. The main advantage/reason that UMH purchased this particular trailer park to add to their growing portfolio? It's located in the Marcellus/Utica region, and because it's located in prime shale country, they figure occupancy rates will remain high...

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