ARE STAIRS BECOMING DIFFICULT…….

Ability Access is a leading provider of access & mobility equipment. For over 30 years, members of our staff have been installing lifts and ramps throughout parts of the country. Ability Access is dedicated to providing simple, trouble free, space efficient access to your home or RV at the best possible price.

As many people are looking to upgrade or downsize to a mobile/modular home or RV, they commonly overlook the fact that stairs can become an obstacle they have to consider. The first thing most people think of, is to build a ramp. In most states and communities, building codes require a 1 in 12 slope. This means for every inch of rise you would need a foot of ramp. ie: (32” high porch would require a 32 foot ramp.) In most instances this is very inconvenient or there is simply not enough space to build to code. For this reason a porch lift is a far more practical space saving solution.

Porch Lifts are designed to lift a person standing or in a mobility device from ground level to porch level. They are designed specifically for any mobile, modular or standard home. They work off of a standard electrical outlet and are designed to give many years of trouble free service. They generally take up a 4’ x 4’ area, although smaller lifts are available for specific situations. They are designed for outdoor use and have been installed in most areas of north America. The cost of installing a porch lift is about the same as installing a modular ramp system to code. For those that have this knowledge a porch lift is almost always the smartest choice.


Modular Ramps
are made from lightweight, rust-resistant aluminum. Modular ramps can be used for residential and commercial applications where space is not an issue. Many states require drawings and a permit for ramp installations.

RV Access Products are designed for three different groups of people.
1. Those who can stand, but have trouble climbing stairs
2. Those that can’t stand
3. Those who are confined to a wheelchair
Ability Access offers many products designed to make most RV’s accessible with little or no modifications.

If access into your home or RV is difficult, let Ability Access help you.

Contact
Toll Free (888) 538-9514
Fax (209) 944-7426
Email: abilityaccessllc@yahoo.com
Web site: http://www.abilityaccess.net
Web site: http://www.porchlifts.org

The Madison Group Arranges a $6,300,000 loan for Texas RV Park Purchase

The Madison Group (TMG), a leading source of RV park financing nationwide, arranged the financing for the $9,750,000 purchase of an RV park in Texas.  The borrower, a repeat client of TMG, was interested in a non-recourse loan. The finalized terms of this loan were 5.6% interest rate, 10-year term, and a 25-year amortization.

This 4-star RV park is in an excellent location with 210 spaces on 23.7 wooded acres.  It has a stable income source from long-term recreational vehicle tenants and has an occupancy rate of 85%.  The park has common amenities including a clubhouse, shuffleboard court, big screen TVs and exercise, laundry and storage facilities.

The borrowing entity for this transaction was a group of 17 investors. This made it particularly challenging to get a non-recourse loan.  Because the borrowing entity needed to have non-recourse to the LLC and not to the individuals, the loan was structured so only three borrowers needed to sign the carve-out provision. This paved the way for the borrowers to bring in additional capital through an investment group. The down payment was derived from a small group of individuals and silent investors.

      “We do a good deal of mobile home park financing, and through our direct lenders we were able to source the debt for this RV park,” said Jeff Meierhofer, TMG’s director of Finance. “I would say it’s an unusual day when an RV park gets a non-recourse loan. We were happy to provide this for a repeat client.”

The financing was arranged by Jeff Meierhofer at The Madison Group.

The Madison Group (www.madisongroupfunding.com) is a commercial loan broker and consultant specializing in financing for investor properties nationwide. TMG provides flexible and reliable capital for real estate acquisitions, refinances, and re-capitalizations for a variety of property types including:  multifamily, mobile home parks, credit tenant NNN net lease, office, retail, industrial, self-storage and other commercial properties in the United States.  Established in 2001, The Madison Group’s intention is to provide highly competitive loan products through its superior capital market expertise and quality sources of capital.  TMG works efficiently and effectively to get the transaction closed and funded.

The Madison Group and Meierhofer can be reached at 435-785-8350 or by e-mailing Jeff at Jeff.M@madisongroupfunding.com.