Hard Money Loan on Mobile Home Park in Georgia
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This investment opportunity is backed by a well-secured loan structure with substantial equity protection. The collateral consists of a 6.46-acre mobile home park with 19 fully occupied pads, 15 of which are park-owned, ensuring steady rental income and strong cash flow. With an appraised value of $1,600,000 and a low 26% loan-to-value (LTV) ratio, this financing structure provides significant downside protection. Strategically located just 25 minutes from Chattanooga and adjacent to I-75, the property benefits from high demand for affordable housing, strong tenant retention, and potential for expansion.
Hard Money Loan on Mobile Home Park in Georgia Details
Structure
- Tax Document
- 1099-INT
- Offering Structure
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BPDNx
SENIOR BPDN - PROMISSORY NOTE SECURED BY COLLATERAL SECURITY AGREEMENTTHIS PROMISSORY NOTE IS SECURED BY THE ISSUER'S PLEDGE OF THE RELEVANT UNDERLYING COLLATERAL LOAN (AS DEFINED BELOW) TO THE LENDER (AS DEFINED BELOW) UNDER THE COLLATERAL SECURITY AGREEMENT AND PROMISSORY NOTE. HOWEVER, EXCEPT TO THE LIMITED EXTENT PROVIDED IN THE PROMISSORY NOTE WITH RESPECT TO THE UNDERLYING COLLATERAL LOAN, THIS NOTE IS NON-RECOURSE TO THE ASSETS, FUNDS AND ACCOUNTS OF YIELDI, LLC (THE "BORROWER", "COMPANY" OR "ISSUER") OR ANY OF ITS AFFILIATES, EMPLOYEES, AGENTS, STOCKHOLDERS, PARENTS, OR SUBSIDIARIES EXCEPT TO THE EXTENT OF THE VALUE OF COLLATERAL LOAN NET PAYMENTS ACTUALLY RECEIVED IN RESPECT OF THE UNDERLYING BORROWER LOAN.
Example Return on Investment
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Investment Amount:
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Annual ROI:
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Why We Like This Opportunity
Hard Money Loan on Mobile Home Park in Georgia Highlights
This investment opportunity is backed by a well-secured loan structure with substantial equity protection. The collateral consists of a 6.46-acre mobile home park with 19 fully occupied pads, 15 of which are park-owned, ensuring steady rental income and strong cash flow. With an appraised value of $1,600,000 and a low 26% loan-to-value (LTV) ratio, this financing structure provides significant downside protection. Strategically located just 25 minutes from Chattanooga and adjacent to I-75, the property benefits from high demand for affordable housing, strong tenant retention, and potential for expansion.
About the Neighborhood
Tunnel Hill, GA, is a rapidly growing area in close proximity to Chattanooga, TN, offering a blend of suburban appeal and economic opportunity. The area benefits from its strategic location along I-75, providing seamless access to major employment centers, retail hubs, and essential services. With rising demand for affordable housing, Tunnel Hill has become a sought-after location for long-term tenants seeking stability and accessibility. The region’s steady economic growth and strong rental market fundamentals make it an ideal environment for income-producing assets like mobile home parks.
Why We Like this Opportunity
This loan presents a low-risk, high-upside opportunity backed by strong collateral and a borrower with extensive real estate and business management experience. The property’s full occupancy, high demand for affordable housing, and established rental income exceeding debt service reinforce the security of the loan. Additionally, the borrower has successfully exited a prior loan with Yieldi, demonstrating proven financial responsibility and a strong track record.
With an offer already in place from a prospective buyer, the exit strategy is clear and structured, minimizing risk and ensuring timely repayment. Furthermore, Georgia’s nonjudicial foreclosure process provides an efficient risk-mitigation mechanism in the unlikely event of default. With significant equity protection, strong cash flow, and a reliable borrower, this investment aligns well with Yieldi’s secure and profitable lending approach.
Investment Summary Of Hard Money Loan on Mobile Home Park in Georgia
Investors have an opportunity to invest in borrower payment dependent notes, the cash flow of which is dependent on the payment of interest and principal repayment on the Loans. Investors are scheduled to receive an annualized monthly interest payment of Login for details over the Loans' estimated remaining term of 12 Months. Principal is expected to be returned on or before maturity through a refinancing with a traditional bank loan. It is important to note that the Loans are eligible for prepayment, and principal may be repaid prior to the 12 Months estimated remaining term. If the Loans are paid off before maturity, investors are expected to receive at least three months of interest payments in addition to return of principal.
How Do I Get Paid?
This loan had an initial term of 12 Months with an option at Yieldi's discretion to extend. As of February 20, 2025 there are 12 Months remaining. Investors will immediately receive monthly interest payments at an annualized rate of Login for details on the principal balance over the life of the loan. If you invest in this loan in the middle of a month, you will receive a prorated interest payment for your investment for your first investment month and then full monthly payments thereafter. All payments are made automatically via ACH on the 1st of each month and investors all paid by the 10th of the month.
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