Plan RETIREMENT
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
Parade of Homes fall 2019 125
Powered by FlippingBook