ON THE AVENUE CONDOMINIUMS LOCATED 5407 PACIFIC AVE IN WILDWOOD CREST, GREAT LOCATION JUST 2.5 BLOCKS WALKING DISTANCE TO THE BEACH, BIKE PATH AND BOARDWALK. 3 BUILDINGS MAKE UP THE 14 UNITS, ONE 10 UNIT BUILDING, ONE THREE UNIT BUILDING AND ONE 1 UNIT BUILDING. THIS FIRST FLOOR END UNIT 3BR/2BA IS PART OF THE 10 UNIT BUILDING. THIS IS A YEAR ROUND PET FRIENDLY COMPLEX WITH A 25 + YEAR RENTAL HISTORY. INTERIOR OF 3BR/2BA UNIT: * 2 FULL CERAMIC TILE BATHROOMS WITH TUB & SHOWER * CERAMIC TILE IN KITCHEN AND BATHROOMS * 3 BEDROOMS HAVE NEW CARPETS * ENTIRE UNIT FRESHLY PAINTED * NEW 6 PANEL INTERIOR DOORS * 2 PRIVATE ENTRANCES * 2 NEW FAN LIGHT ENTRY DOORS OUTDOORS & COMMON AREA: * 2 ASSIGNED PARKING SPACES * OUTDOOR SHOWER * STORAGE AREA * BARBECUE GRILL AREA * PRIVATE PATIOS & OR BALCONIES CONDO FEES $217.13 MONTHLY COVER: RESERVES, WATER, SEWER, COMMON AREA MAINTENANCE, FIRE, LIABILITY & FLOOD INSURANCE. YEARLY TAXES $1498.00 LEASE PURCHASE OPTION MLD PROPERTIES LLC. IS THE DEVELOPER OF THIS COMPLEX AND IS OFFERING A ONCE IN A LIFE TIME OPPORTUNITY TO THOSE WHO CANNOT EITHER VERIFY THEIR INCOME OR FOR SOMEONE WHO NEEDS A YEAR OR SO TO REPAIR THEIR CREDIT. WE ALSO HAVE A LOCAL LICENSED NJ LENDER WHO CAN ASSIST IN THE PROCESS OF EVENTUALLY GETTING YOU THE LOAN AT THE END OF THE 1 YEAR LEASE OPTION TERM. THERE IS A NON REFUNDABLE $4000 OPTION DEPOSIT USED FOR THE EVENTUAL DOWN PAYMENT AT THE END OF THE LEASE TERM. IF YOU DECIDE NOT TO PURCHASE AT THE END OF THE TERM, THE OPTION DEPOSIT WILL NOT BE REFUNDED. BELOW IS A BREAKDOWN OF HOW THIS LEASE OPTION PROCESS WORKS. LEASE PURCHASE OPTION TERMS Purchase Price $129,000 TERM: 12 -24 MONTHS *Option Deposit $4,000 ** Monthly Rent $800.00 *** Security Deposit $1200.00 * OPTION DEPOSIT IS NON REFUNDABLE AND IS USED TOWARDS EVENTUAL PURCHASE OF UNIT AT THE END OF THE TERM OF LEASE. IN THE EVENT YOU DECIDE NOT TO PURCHASE AT THE END OF TERM OF LEASE, OPTION DEPOSIT IS NOT REFUNDED. ** PORTION OF RENT WILL BE CREDITED TOWARDS THE PURCHASE PRICE AT THE END OF LEASE TERM *** SECURITY DEPOSIT CREDITED TOWARDS EVENTUAL PURCHASE PRICE, OTHERWISE RETURNED PENDING NO DAMAGES 30 DAYS AFTER EXPIRATION OF LEASE. SELLER/LANDLORD PAYS CONDO FEES & TAXES LESSEE RESPONSIBLE FOR ELECTRIC UTILITIES. CONTACT JOHN RENTERIA FOR MORE INFO 609.222.1561
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