Team Arleen Realtors, a Greensboro-based Keller Williams Realty accessory (www.teamarleen.com), has been called a adopted agent for MainSail of Beaufort (www.mainsailofbeaufort.com). The townhomes are accepting awash in one-tenth co-ownership shares, bigger accepted as apportioned ownership. Pre-sale appraisement starts below $60,000, extenuative consumers up to $15,000 from the boilerplate price. High Point Bank is costs the $36 million, 7.94-acre bank project.
MainSail is the newest Southern Star Community. Originally planned as single-owner $500,000+ affluence townhomes, the about-face to co-ownership has fabricated the activity even added viable, accustomed the amount point. Richard Stockett, developer of added than two dozen residential communities, fabricated the about-face afterwards vacation home sales alone 31 percent from 2007 to 2008.
The way the acreage is awash has changed, but the architecture and attic affairs accept not. Each assemblage is three belief with three bedrooms and baths, an accessible attic plan living/dining across and accumulator lockers in the barn for anniversary owner. The townhomes aswell affection two porches, two decks, a clandestine elevator, a ample two-car barn and a roof-top terrace with abundant baptize angle over Town Creek and the Newport River.
“The co-ownership anatomy opens up MainSail to a abundant beyond basin of abeyant buyers,” says Arleen McGinn, REALTOR® and admiral of Team Arleen. “The boilerplate being can do the aforementioned as the wealthiest Americans, advance their vacation dollars into buying that creates absolute acreage equity, in accession to adequate a comfortable vacation experience.”
Popular in Europe for decades and acknowledged at ski resorts out west, co-ownership is almost new in North Carolina with beneath than a dozen like developments. In co-ownership, the applicant purchases one or added shares of the acreage and is allotted an adapted aggregate of usage. This spreads the banking accountability of purchasing and advancement the acreage over several owners. MainSail banned the amount of owners to 10 per unit. Each one-tenth allotment entitles owners to at atomic 5 weeks of use.
Differing from timeshare, a arrangement for acceptance over a set time period, co-owners accept a accepted assurance deed. Timeshares about loses amount annually captivation aught amount at the end of the contact. On the added hand, MainSail accomplishments are for absolute acreage which maintains its amount accountable to absolute acreage bazaar fluctuations. Timeshare accommodation are generally annihilation added than auberge rooms, area at MainSail the applicant is a fractional buyer of a 1,925 square-foot clandestine townhome. Additionally MainSail owners are able to hire out their bare time, as able-bodied as sell, mortgage and will their deeded absorption absolute of the added owners.
The units appear absolutely furnished for the $59,900 pre-sale price. HOA fees estimated at $282 per ages awning all subdivision and townhome costs including: taxes, utilities, insurance, area keeping, maintenance, repairs, blow affairs and maid services. This agency that instead of spending vacation time mowing the backyard and re-staining the deck, owners can relax and adore the appearance from the rooftop terrace, go canoeing and fishing, or adore the shops on Front Street. The accession of on-site management, spa accessories and babysitter casework accommodate a accurate resort-style vacation experience.
Plans alarm for architecture of the townhomes to activate in November 2009 to acquiesce for control by May 2010. The new on-site sales appointment appearance a appearance from the rooftop terrace so -to-be buyers can get a feel for the vistas and aloofness anniversary assemblage offers. Team Arleen can be accomplished by calling (336) 885-6500 or visiting www.teamarleen.com.
About MainSail of Beaufort:
MainSail of Beaufort is a Southern Star Community amid in Beaufort, North Carolina. MainSail townhomes action buyers an outstanding vacation acquaintance and affairs in a address that cannot be begin abroad in bank North Carolina. MainSail is calmly amid aural walking ambit of Beaufort's Front Street restaurants, arcade commune and the Town Creek Marina. The new development's agreeableness and amenities accumulated with the hassle-free and affordable co-ownership anatomy accomplish MainSail a unique, ancient opportunity. Visit www.mainsailofbeaufort.com for added information.
Mike Gauss
919.232.5008
Mike@articulon.com
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