The Madison Group (TMG), a leading national lending source of mobile home park and RV park financing, arranged a $3,640,000 acquisition loan to facilitate the purchase of a 65-pad and 49-pad mobile home park in Tennessee.
Property: MHP
Location: Tennessee
LTV: 70%
Loan Amount: $3,640,000
Term: 10 years
Amortization: 30 years
Rate: 7.01%
Prepayment Penalty: 3,2,1