19697 QUEEN STREET, 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  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.