22 Spinning Wheel Ln, Rehoboth Beach, DE 19971

Description

Colonial East is located in the "Midway" area of Rehoboth, so you'll be an equal distance - about 4 miles - to the Rehoboth boardwalk or the Lewes public beach! And there is a water park, movie theater, fitness center with racquetball, and restaurants just a short distance from the community. This 1980 Buddy Allison-model is 14’x70’ for 980 sq. ft. Bright beach-y paint colors! The living room opens to the eat-in kitchen, which has a breakfast bar and space for a dinette set. Appliances include a gas range, range hood, exhaust fan, dishwasher, a countertop microwave, disposal, and a fridge. The main bedroom is at the rear of the house. It is next to the full bath in hall, which has a newer walk-in shower. The other two bedroom share the “Jack-n-Jill” half bath between them. Full size washer & dryer in the hall laundry area. You’re going to enjoy the summer days on the covered front porch. There is also a paver patio for your BBQ grill. Storage shed. Central AC, ceiling fans & warm gas heat. Partially furnished. Property is subject to a transferrable, annually-renewable leasehold interest: Lot Rent is currently $676/mt. (renews again on December 1, 2026 with any increase capped as per 25 Del. C. Sec. 7050-7054). Lot rent includes membership to the outdoor pool. Lawn maintenance, trash/recycle, and the State’s Relocation Trust Fund (RTF) are extra fees added to the base lot rent. Buyer pays electric, water, sewer & gas (leased LP tanks). A Park application is required, and a Buyer will be accepted as a Resident based on the following criteria: 1.)income verification, 2.)credit bureau score, plus evaluation of debt-to-income ratio, and 3.)criminal background check. (Note: Rentals are NOT permitted in this community - but friends & family may always visit.) Financing may be available to qualified borrowers from only a very few Lenders that specialize in installment/chattel loans for mobile/manufactured homes on leased land. Closing costs will include a real estate transfer tax (3.75% DMV Doc Fee) & Settlement Agent Fee.