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The Madison Group arranges a $1,105,000 loan to refinance an RV Park in Ohio.

Tags: RVP Financing, RV Park Loans, RVP Loans, Commercial Loans, Commercial Real Estate Loans, cash out refinance, refinance loan, RV Park Financing, loans for RV parks
Tuesday, May 06, 2025
by Paul Kuster

The Madison Group (TMG), a leading national lending source of RV Park financing, arranged a $1,105,000 loan to refinance an RV Park and campground in Ohio.  

The client recently purchased the stabilized RV Park & Campground with all cash to capture the property at a discounted price and close quickly.  After closing the acquisition, the client approached The Madison Group to recapitalize the property.  The client’s objective was to refinance the property at a reasonable LTV and DSCR to operate profitably and obtain cash out to invest in other commercial real estate opportunities.

The Madison Group was able to work with one of its trusted lenders to meet the client’s objectives to fund and close the loan in a reasonable time frame.  The client, lender, and TMG were able to work closely together to make this transaction a smooth process.

Property: RV Park & Campground

Location: Ohio

Loan Amount: $1,105,000

LTV:   65%

Interest Rate: 5yr Fixed 7.59%

Term: 10 years

Amortization: 30 years  

Prepayment: 3,2,1

Guarantee:  Recourse



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