jackson hole, michigan – The Jackson-Hole real estate firm has sold its property in the village of Jackson Hole, a town of about 25,000 residents.
The Jackson hole property was located at 1534 South Avenue in Jackson Hole.
The town had no other available property.
The Jackson Hole Real Estate Corporation (JHREC) and its partners have sold their property to private investors.
The sale was made possible by a $1.5 million donation from the Jackson family, said Mike Johnson, CEO of the Jacksons.
The investment firm is based in Michigan and the firm is not registered with the U.S. Securities and Exchange Commission.JHNEC will use the proceeds to fund the purchase of a new, larger, home in Jackson.
The company has operated the property since it was built in 1926.
The Jackson Hole property is about 30 miles southeast of Jackson, and it’s about 25 miles from the Jackson Hole Airport.
The new home will be a $3.4 million home that includes a basement, a kitchen, living and dining space, a laundry room and a full bath.
The total cost of the new home is $3,000,000.
JhREC is a division of Jackson Holdings Corp., a real estate investment trust, which is based out of Chicago.