19697 QUEEN STREET, Apt 188, REHOBOTH BEACH, DE 19971

This 1979 14’x70’ Schult Manchester-model has an 8’x12’ living room “tip-out” and a 10’x20’ 4-season sunroom for approximately 1,280 sq. ft. of living space. One of the home’s nicest feature is the outdoor space, which has a fully fenced yard with a 6’ vinyl privacy fence & a deck with a retractable awning.  The sunroom leads into the spacious living room, which opens to the eat-in kitchen. The kitchen has newer stainless steel appliances including a dishwasher, smooth-top electric range, built in microwave, fridge & a disposal. Space for a dinette set & there’s a breakfast bar for more seating. There’s also a pantry and a coat closet. The front bedroom has its own private half bath. The rear bedroom is next to the full bath in the hall. The third bedroom is located in the middle of the house (the Seller used that room as an oversized walk-in closet!) Full-size stack washer & dryer. Oil forced air heat; Central AC. Shed & an outside storage closet. Leasehold Interest: Lot Rent approx. is $850.00/mt. (renews annually in May with any increase capped as per 25 DE C. Sec 7050-7054). Lot rent includes trash/recycle, seasonal lawn service (you have to cut inside the fenced area), and pool/fitness center membership. Homeowner pays electric, fuel (oil), water, sewer & Internet/Cable (Comcast Xfinity) or satellite. Equity LifeStyle Properties, Inc., the community owner, requires an Application from the Buyer, with acceptance based on the following criteria: 1.)income verification, 2.)credit bureau score, plus evaluation of debt-to-income ratio, and 3.)criminal background check. (Note: Family & friends may always visit, but rentals are NOT permitted in this community unless the rental term is for 6 months or longer - and your Tenant would also have to apply at the Park.) Financing may be available to qualified borrowers from only a very few Lenders that specialize in installment/chattel loans for manufactured homes on leased land. Closing costs will include a 3.75% DMV Doc Fee & Settlement Agent fee.