Own Your Own Unit
Purchase a unit and never pay rent in Gainesville againMany have discovered that purchasing a condominium at Oakbrook Walk has proven to be one of the best decisions they've ever made. Here are some of the reasons:
- Eliminate rent payments that constantly disappear without any continuous benefit.
- The potential income from the second bedroom significantly offsets the cost of ownership.
- Rentability is enhanced by Oakbrook Walk being within WALKING DISTANCE from the Shands Medical Complex, the VA Hospital, & the UF Campus.
- Tax benefits through deductions of mortgage interest & property taxes.
- Current interest rates are at or near record lows
Lease with Option to Purchase
Win/Win/Win Situation
WIN...Sign a 12 month lease for '09/'10 academic year and you will have the option to purchas at the end of your lease with 75% of all rent paid applied to the purchase of a unit in the summer of 2011.*
WIN...Should you decide not to purchase using this lease/purchase option, you will still have enjoyed living at Oakbrook Walk with its premier location, lifstyle, and convenience at very competitive rates.
WIN...Sign a lease keeping open your option to buy and you will receive a free night at the Paramount Resort Hotel. That's right...one free night on us upon lease signing.
*Availible to first 15 leassees wishing to exercise this option.
| Purchasing Price (Estimate ) $125,000 |
|
75% 1st Mtg: |
30 year Fixed at 5.75%* |
Maintenance (Condo) Fee: |
$242† |
Property Taxes: |
$2520/yr without Homestead $210/mo |
| RECAPITULATION AT $93,750 MORTGAGE @ 5.75% |
|
Monthly Mortgage: |
$547.10 |
Maintenance Fee: |
$242.00 |
Property Taxes: |
$210.00 |
| Total Monthly Cost | $999.10 |
† Monthly Maintenance (condo) fee includes high speed internet access, cable TV (74+ channels), water and sewer, etc.