Agency/CMBS Debt and Road Type

[Brenden Mitchum]

Hey fellow community owners, I was wondering if anyone has experience securing agency or CMBS debt on a mobile home park with chip n' seal roads?

We are looking to purchase a park and the difference in price between chip n' seal and gravel is about $300k. I've only ever heard that banks want to see asphalt roads for agency & CMBS debt. However, in my research, it seems the topic might not be as black & white as I'd thought.

Anyone with first hand experience in the matter??

Thanks in advance!