Property Description

Lease with the Option to Purchase: Looking for a home you can lease now with the option to buy later? This 3-bedroom, 2-bath manufactured home in West Magnolia Heights is offered as a 36-month lease with the option to purchase once the lease is fulfilled. Step onto the covered front porch and into a bright, open living area with plenty of natural light. Durable wood-look vinyl plank flooring runs throughout, with no carpet to worry about. The spacious kitchen has a dishwasher and a pass-through opening to the living room. A built-in desk nook is handy for a home office or homework station. A separate laundry room off the kitchen adds convenience and storage. The primary suite is spacious with a walk-in closet and an en suite bath that has a soaking garden tub, a vanity, and a separate shower. Two additional bedrooms and a full guest bath give you flexibility for family, guests, or a home office. How the Lease with the Option to Purchase Works- 36-month lease with the option to purchase once the lease term is fulfilled. Predetermined purchase price: Set when the lease is signed, decreasing annually according to a set schedule. Extended purchase window: If you don't purchase at the end of the 36 months, the lease automatically converts to month-to-month, and you keep your option to purchase for up to 20 years. Rent is rent: Monthly rent is not credited toward the purchase price. Move-In Costs- Rent: $1,000 per month, with first month's rent due at lease signing. Security deposit: $5,000, refundable and transferable, due at lease signing. Pet fee: $2,500 (can be prorated if needed). Tenant Responsibilities- This program is designed for people working toward homeownership, tenants responsible for: Property maintenance & upkeep, All utilities, Property taxes & Insurance. ** WE DO NOT ADVERTISE ON SOCIAL MEDIA**

Property Features