Description
Nice 3BR/2BA home on a large corner lot. Great opportunity for a buy and hold. Seller wants to do a sale leaseback for two years at the rate of $1,500 per month to be paid in advance from proceeds of sale. Seller requests level rent for two-year period without rent modification. Seller requests a first right of refusal. In the event that property is sold within the two-year lease period, lease must be transferable without modification to rent or terms. Buyer will be responsible for maintenance, taxes, and insurance of property during the two-year leaseback period.