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How High Are Prices in Silicon Valley? A Mobile Home Park Just Sold for $237 Million

45-Year-Old Property Is Located in Heart of America’s High-Rent, Housing-Starved Tech Region
Plaza del Rey in Sunnyvale, California, has 800 manufactured homes and was developed in the 1970s. (Google Maps)
Plaza del Rey in Sunnyvale, California, has 800 manufactured homes and was developed in the 1970s. (Google Maps)
By John Doherty
CoStar News
September 3, 2019 | 8:01 P.M.

A Chicago investment shop that specializes in mobile home parks just scooped up the biggest one in Silicon Valley.

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