Loan amount
$49,000,000
Loan type
Purchase {Rent&Hold}
As-Is Property Value
$50,000,000 {PP:$50,000,000}
LTV
98% {LTV}
Property type
Mobile Home Park
Borrower Details
Credit score
710
Deal experience
15 deals
This loan scenario was submitted by a Broker
No
Property Details
City
*Ashland Heights 1520 Orange St. Ashland
State
Kansas
Loan Details
Purchase price
$50,000,000
Down payment
$1,000,000
Additional Loan Information
This is a mobile home park portfolio that is in demand. If you watch the investors. REIT are jumping over each other to acquire as much of the industry, because it has proven time and time again it is a very safe and sound investment. MHP were one if not the best performing investment during the pandemic. Our worst financial times in modern history. I would like to share details of this massive opportunity on a short call. I'm sure you have some questions and i would be more than happy to answer them over a short call.
Status
Created
September 30, 2021 - 12:01pm

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