GMF Group acquired Citrus River Village I in Inglis, Florida, on January 31, 2022, for a recorded price of $3,316,500. Located at 11240 North Northwood Drive, Inglis, FL 34449, the manufactured housing community includes 135 lots and units. Citrus River Village I offers updated amenities and excellent access to the Gulf of Mexico and Central Florida’s beautiful outdoors. The community also is well-connected to Gainesville, Tampa, and the rest of the state.
Small-Town Charm and Local Amenities in Inglis, Florida
Family-friendly Citrus River Village I is a safe, all-ages community that invites residents and guests to slow down, relax, and enjoy the best of Sunshine State living. On-site amenities include a sparkling pool, a newly updated clubhouse, and a shuffleboard court. Laundry facilities, full hookups, and well-maintained restrooms and showers are also available for residents and guests. At the clubhouse, play bingo, do arts and crafts, and come together for parties, karaoke, BBQs, potlucks, and more. It’s all part of the friendly atmosphere at Citrus River Village I.
Boaters, fishers, hikers, and outdoor lovers of all stripes will find plenty to do within a short drive of Citrus River Village I. Go fishing and boating at Lake Rousseau, on the Withlacoochee River, or one of the many other waterways that crisscross the region. See the beautiful, crystal-clear springs at Rainbow Springs, Three Sisters Springs, and Silver Springs State Parks, and go canoeing, kayaking, and swimming. Take a stroll on the paved Withlacoochee State Trail or drive to the Gulf on the Follow That Dream Parkway, which was named for the 1962 Elvis Presley movie filmed in the area. Meanwhile, golfers can tee up at Twisted Oaks Golf Club, while animal lovers can swim with manatees in Crystal River.
Closer to home, Inglis and nearby Yankeetown are two “Old Florida” small towns that have everything residents and guests need for comfort and convenience. Restaurants serve a range of cuisines, from seafood to sandwiches to homestyle cooking. Grocery stores, pharmacies, gas stations, bait and tackle shops, auto shops, and other necessities are also minutes away.
About GMF Group
GMF Group is a vertically-integrated real estate investment firm headquartered in Palm Beach, Florida. Founded by Gabe Monfried and Matt Forssman, GMF takes an opportunistic approach to identifying and capitalizing on opportunities within undercapitalized asset classes, with a strategic emphasis on manufactured housing communities (MHCs). As a top 50 U.S. owner-operator of MHCs, GMF is invested in and manages thousands of lots and units across a growing portfolio. The firm combines institutional expertise with a dynamic, agile approach to align with the interests of investors, employees, and the communities in which it invests to deliver value-driven outcomes. For more information, please visit gmfgroup.com.
Gabe Monfried is a Co-Founder and Managing Partner of GMF Group overseeing all of the firm’s investments, strategic initiatives, and fundraising. Gabe has completed more than $5 billion in real estate and capital markets transactions throughout his career. Prior to GMF Group, Gabe was Vice President, Principal Investing at Macquarie Capital where he led complex real estate equity and structured finance investments throughout North America across conventional and niche real estate asset classes. Gabe’s earlier career includes serving as Associate Vice President, Investments at CIM Group, a global real estate and infrastructure private equity firm with $35 billion in assets under management, where he focused on hospitality, multifamily, office, and renewable energy investments, financings, and developments. Gabe began his career as an investment banking analyst at Goldman Sachs. Gabe earned a BBA in Finance, Investment & Banking with honors from the University of Wisconsin – Madison.
Matt Forssman is a Co-Founder and Managing Partner of GMF Group overseeing all of the firm’s investments, strategic initiatives, and fundraising. Matt has completed more than $5 billion in real estate and capital markets transactions throughout his career. Prior to GMF Group, Matt was responsible for real estate acquisitions and asset management at BentallGreenOak. While at BentallGreenOak, Matt was involved with the acquisition and asset management of more than $1 billion of multifamily and office real estate investments. Matt’s earlier career includes serving as Associate, Investments at CIM Group, a global real estate and infrastructure private equity firm with $35 billion in assets under management, where he focused on real estate investments, financings, and developments. Matt began his career as an investment banking analyst at Bank of America Merrill Lynch. Matt earned a BA in Economics, cum laude, from Harvard College and is an active member of the Milken Institute’s Young Leaders Circle.
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