The Link sales representative John Vander Kooy
says the life-lease concept allows retirees to
enjoy a lavish living space and a multitude of
recreational amenities without breaking the bank.
"If you were renting, it would cost you a ton
of money, probably $2.70 per square foot per
month. Your 1,000-square-foot apartment would
be $2,700 a month."
Vander Kooy says life-lease entrance fees are typically half
the construction cost. The Link will cost about $400 per
residential square foot to build, and entrance fees average
$200 per square foot.
"So, you're putting that money into it, there is legal
insurances that you get the money back, and meanwhile
it reduces your rent on a 1,000-square-foot suite from
$2,700 to $1,700."
Cont'd on page 126
Plan
RETIREMENT
Parade of Homes fall 2019 125
