Back to the full list of closings

image of news item

The Madison Group arranges a $2,600,000 loan to purchase an RV Park in Texas.

Tags: RVP Financing, RV Park Loans, RVP Loans, Commercial Loans, Commercial Real Estate Loans, purchase loan, RV Park Financing, loans for RV parks, RV purchase loan
Tuesday, Dec 31, 2024
by Kyle Losch

The Madison Group (TMG), a leading national lending source of RV Park financing, arranged a $2,600,000 loan to purchase a 115-pad park in Texas.   

A repeat client approached TMG to secure financing for the purchase, with the goal of expanding their long-term RV park portfolio. TMG collaborated with a trusted lender to provide a loan offering 70% leverage and a 30-year amortization schedule, ensuring an optimal structure that enhanced the sponsor's returns.

 

Property:  RV Park

Location: Texas

Loan Amount: $2,600,000

LTV: 70%

Interest Rate: 7.15%

Term: 10yrs  

Amortization: 30 years

Prepayment: 3,2,1



Full List of Recent Closings