Mesa Mobile Home/RV Park

$4,545,000 Mobile Home Park Loan from Credit Union

City: Mesa, AZ
Loan amount: $4,545,000
Lender type: Credit Union
Property type: Mobile Home Park
Size: 202 Units

Transaction description

David Smyle of PSRS arranged the $4,545,000 financing of a mobile home/RV park in Mesa, Arizona. The subject property is made up of 202 units of which 60% of them are long-term RV spaces and 40% are mobile homes. Financed with credit union execution, PSRS provided its borrower a 10-year loan term amortized over 25 years.

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