Indianwood is a 596 space manufactured housing community located in Indiantown, which is located in Martin County, west of Stuart and southeast of Okeechobee. All but 10 of the spaces are currently occupied, and there is an 18 hole par 70 golf course with a pro shop and restaurant.
The resident-owned cooperative association, Indianwood Co-op, Inc., was the purchaser of the community and the sales price was $30,000,000. Financing was provided by Bank of America.
The President of Indianwood Co-op, Inc. is Karlee Shostrom and she and all of the new owners of Indianwood Golf & Country Club are to be congratulated on this exciting accomplishment.
We’re very pleased to welcome Indianwood to the ROC family and look forward to hearing more about the newest resident owned community in Florida!
I hope to see some of my blog followers at the Manatee Convention Center in Palmetto on March 8 for the always educational and fun Community Association Day and on March 27 at the Charlotte Harbor Conference Center for the Community Association Trade Show planned by PM-EXPO. I’ll be part of a panel of community association attorneys for CA Day and will be speaking about Reasonable Accommodations and the Fair Housing Act at the Charlotte County event.