Mobile Home Park
Loans are available for mobile home parks. Features that lenders are looking for are a low percentage of park owned units, low number of recreational vehicles in the park, paved roads and on the sewer system. Call us to evaluate your property to determine what issues lenders will use to determine loan amount and feasability.Recent Mobile Home Park Transactions
Mobile Home Park
Maine
$1,800,000
Current Rates (07/30/2010)
- Apartments 4.84%
- Mobile Home Park 5.04%
- Anchored Retail 5.49%
- Non-Anchored Center 5.14%
- Single Tenant Retail 5.09%
- Office 5.14%
- Industrial / Flex 5.04%
- Self-Storage 5.44%
- Medical Office 4.94%
- Hotel 6.94%
- Owner Occupied 4.94%
- Land 8.94%
- Other 6.69%
Rates are based on a $2 million loan, 25 year amortization, 10 year fixed rate term. For apartment complexes, a 30 year amortization is available.
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