110 Tennyson Dr., Mankato, MN 56001 - For Sale

Located in University Park MHC, LLC - learn more about this mobile home community. This home has been completely renovated and is in like 'new' condition. New amenities offered: Roof, furnace, flooring, fixtures, appliances and shed. It is located on a corner lot and is one of the largest lots in the Park. There are two decks, one on each entrance/exit. The rooms are open and spacious, with a dropped living room and a cathedral ceiling. It's a must see! Call and book a showing today!Read the lease option under financing terms. Features include: Storage Shed, Deck, Ceiling Fan, Central Air, Walk-in Closet, Laundry Room, Pantry, Garden Tub, Gas Heat Included appliances: Oven, Refrigerator, Clothes Washer, Clothes Dryer Monthly costs include: Lot Rent: $325 Finance terms: Financing available to qualified applicants. Lease option available on this unit. With a lease option, qualified applicants can reside in the unit at a set price that will reflect the amount s/he would pay upon purchasing. It's beneficial as the potential buyer(s) do not need to put down a down payment, rather they accrue it while renting the unit for 6-12 months. During the first 6 months everything above lot rent of $325 is put in an escrow account and 100% of that is used for a down payment. If the buyer(s) rent for 12 months, only 50% is used. So, essentially the escrow account never grows after 6 months, it is the same at the end of 6 as it is at the end of 12. It is perfect for individuals that do not have any down money or if they have credit issues they need to repair before purchasing.