Ne Heights Condo With Lease Option To Purchase

Want to buy, but need time to get ready?
Rent And/Or buy, but you need time to get ready?
This NE Heights condo is available as either a traditional Rental or a Lease with the Option to Purchase, giving an approved resident the opportunity to lease the property now while securing an option to purchase in the future.
This is not JUST another rental. It could be JUST a rental OR you can add an option to purchase. The monthly payment agreed option consideration that may be applied toward a future purchase according to the written lease-option agreement.
Monthly Rental Payment Breakdown:
Base rent: $1,375 (includes water, sewer & trash)
Tenant pays: gas and electric
Total Monthly Rental Payment: $1375
Purchase Option Choices:
*Purchase Option consideration: $150-250 credit toward purchase
Total monthly payment: $1525 - 1625
Lease-Option Structure:
Option term available up to 3 years with extensions
Written lease & purchase option agreement required
Application and approval required
Property rules, HOA rules, and lease terms apply
Due at Move In:
* Deposit alternative with LightHouse (in place of a traditional deposit for a traditional rental)
* $3000 Option Consideration if wanting to take advantage of the Purchase Option (applicable to future purchase)
* First Month's rent
* Tenant is responsible for Electric and Gas
The Lease with the Option to Purchase may be a strong fit for someone who wants to live in the home now while preparing for a future purchase.
Important: This is not a guarantee of financing, loan approval, or future purchase. Option consideration, purchase terms, timelines, and conditions must be documented in writing. Equal Housing Opportunity.
Broker Owner.