Part of Inspire Communities, the funds will be used to retire older debt, complete capital improvements and purchase new homes, according to rebusinessonline. Built in the early 1970s, Lakeside features a swimming pool, clubhouse, basketball court, playground and storm shelter.
Damon Reed of Capital One facilitated the transaction, which includes a seven-year term and 30-year amortization schedule. ##
(Photo credit:Lakeside Mobile Home Community)
