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The Madison Group arranged a $3,640,000 loan to facilitate the purchase of two mobile home parks in Tennessee.

Tags: Mobile Home Parks, Mobile Home Park Financing, Mobile Home Park Lending, Mobile Home Park Loan, Mobile Home Community Loan, Mobile Home Community Financing, Mobile Home Park Refinance, Mobile Home Community Refinance, Financing for Mobile Home Park, Loan for Mobile Home Park, MHP Financing, MHC Financing, RV Park Financing, RV Park Lender, RV Park Loan, RV Park Mortgage, Manufactured Housing Community Financing, mobile home park bridge loan, bridge loan for mobile home park, MHC Bridge Loan.
Friday, Nov 29, 2024
by Kyle Losch

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



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