Loan amount
$3,500,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$4,000,000
{PP:$4,000,000}
LTV
88%
{LTV}
Property type
Mobile Home Park
Borrower Details
Credit score
736
Deal experience
7 deals
This loan scenario was submitted by a Broker
No
Property Details
City
West Burlington
State
Iowa
Loan Details
Purchase price
$4,000,000
Down payment
$500,000
Additional Loan Information
276 space mobile home park in West Burlington, Iowa with lots of upside potential by filling the vacant lots. Currently at 50% occupancy
Status
Open
Created
July 13, 2021 - 6:43pm
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