Real Estate Flyer - housingtrustjh.org€¦ · Real Estate Flyer Author: Stefani Wells Keywords:...

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Transcript of Real Estate Flyer - housingtrustjh.org€¦ · Real Estate Flyer Author: Stefani Wells Keywords:...

OPEN HOUSE

Developed and managed by the Jackson Hole Community Housing Trustin partnership with the Town of Jackson + Jackson / Teton County Housing Department

Cultivating a Vibrant Community through Housing307.739.0665 // www.housingtrustjh.org // info@housingtrustjh.org

Homes at 174 North King Street feature:

open floor plan ⋅ hardwood floors ⋅ granite and quartz countertops · storage units · covered entry and lobby · elevator · private decks · covered parking

174 North King Street is just one block from the Town Square, Recreation Center, GenevieveBlock Green Space park, and Jackson Elementary School. This ideal location means quick andconvenient access via walking or bike to Miller + Phil Baux Parks, Snow King Mountain, theNational Elk Refuge, St. John's Health, and downtown restaurants, cafes, and bars.

A Look Inside:One Bedroom Unit Type + Corridor

Open living space and kitchen (one-bedroom unit)

bright + clean corridors

1st Floor Plan + Basement

Basement

Second + Third Floor Plan

1 Bedroom / 1 Bath (741 sq. ft. - 884 sq. ft.) 1 onsite parking space (a second space may

be available upon request)

Housing Trust homebuyers may be eligible to finance 99% of the purchase price and qualify for a PMI(private mortgage insurance) waiver.

2 Bedroom / 2 Bath (1,080 sq. ft.) 1 onsite covered parking space + 1 offsite

3 Bedroom / 2 Bath (1,240 sq. ft. - 1,374 sq. ft.)2 covered parking spaces (tandem)

Condo Specs + Estimated Affordability Assumptions

Assumptions:30 year mortgage, 5% down payment, and 3.75% mortgage rate* **

The selection process for 174 North King Street will take place during October2020. At this time, applicants will be offered a non-binding reservationagreement for a specific condo and required to pay a refundable $250 deposit. In the spring of 2021, applicants with a reservation agreement will be offered anon-binding purchase contract and will be required to present a $2,000 deposit.A fall 2021 closing is anticipated.

For more information about our application or homebuying process, please call307.739.0665 or email Program Manager, Jennifer Scott at jennifer@housingtrustjh.org.

Applications can be found online at www.housingtrustjh.org/applicants/applications.

The Housing Trust places special restrictions (deed restrictions) on all of ourhomes to ensure affordability in perpetuity. Homes at 174 North King Street willhave a deed restriction recorded against them to limit the appreciation cap (notto exceed) 4%.

Selection + Purchase Process + Deed Restrictions

Selection + Purchase Timeline

Deed Restriction Definition

174 North King Street has been made possible in partnership with: