1992 2/2 Single wide | RTO | 3-year lease

Description

Rent-to-Own Opportunity – 1992 Highland Single-Wide Story City, Iowa Located in Ledgestone Meadows Mobile Home Park Unique ID: LM-33 This is a Rent-to-Own (RTO) opportunity with a 3-year lease term, ideal for buyers looking for an affordable path to ownership while improving the home over time. The home is a 1992 Highland single-wide, 2 bedrooms / 2 bathrooms, measuring 16’ x 66’, and comes with a clean title. It is located within a community park and will remain in the park. Condition Disclosure (Important): This home does need work and is priced accordingly. Major items needed include a non-working furnace/heat pump, AC not working, and an exterior wall crack that will require a structural evaluation. Minor items include deep cleaning, light interior repairs, missing skirting and screens, and awning supports. RTO Terms Down payment: $1,500 Monthly payment: $450 Lease term: 3 years Park & Monthly Fees Lot rent: $450 Trash: $24/month Renters insurance: $20/month Admin fee: $50 Pet fee: $15 per pet (2-pet max) This is a fix-and-stay or value-add opportunity for someone comfortable taking on repairs in exchange for affordable monthly terms and a clear path to ownership. Perfect for a hands-on buyer looking to build equity through improvements rather than a traditional purchase. ☎️ Call/Text (337) 282-0627

Property Details