What a great opportunity to buy a lot in the Carrington Condos Community! Not too long ago, lots have been marketed around $25,000 and now you can buy one for only $7,500! In fact, if you want to buy all 11 of the initial lots listed you'd pay only $79,900. Anyone building would have to build to the covenants and restrictions specifications and any new condo would look like the others. There are 3 condo floor plans to choose from, but the Home Owner's Association is open to subtle changes. Buy 2 lots and you could easily put a 3 car garage. Current owners can buy land next to them to give them extra space between lots. The HOA is now being legally re-formed and will be run by condo owners (not the developer) -- owners should be excited about the stability and transparency of this new HOA! Developers -- this is a great opportunity to buy land at wholesale now as you plan for future retail sales. Grab a lot while you can as this is a very popular community! [Note: lots are bank owned (bank is fro m our community -- quick close possible). Seller to convey property by Special Warranty Deed. Taxes and Legal Descriptions are to be determined - part of a larger parcel. Owners own the land the building would sit on. All other surrounding landscaped land is considered common ground.]
* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
The Residential Lot located at Lot 40 Preserve Ln, Muncie, IN 47304 is currently for sale.
Lot 40 Preserve Ln, Muncie is listed for $7,500.
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