For More Info : Golf Course - Golf Course in Corolla, North Carolina
Corolla, North Carolina
Model Home - Golf Course Community on The Outer Banks
Own this model home & the lease will pay your mortgage! Lessee pays for utilities. This is an investor's dream! Builder leases model thru Sept '08 with theoption to extend an extra year. Buyer pays insurance and taxes; $50,000 annual rental income throughout the lease term. Additional leaseback may beavailable once lease to builder is completed. Seller offers $45,000 credit for future improvements or price can be reduced by like amount - buyers' choice.
Furnishings can be purchased by buyer at a cost of $28,000; sales furniture, exhibits and supplies are not included. Buyer must honor existing lease terms.
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