7 Devon Lane # E-5

Sussex East/West is a leased-land, 55-plus* community (*up to 20% of owners may be younger than 55-years-old). Sussex East is located approximately 5.5 miles from the Lewes public beach, with the Cape Henlopen State Park beaches...and the famous Rehoboth Beach boardwalk not much farther away. This community has a unique location with direct access to the State Parks hiking/biking trail through common groundsshed. This 3 bedroom 2 full bath manufactured home was built in 1994 and offers a newer vinyl plank floor in the kitchen and primary bath. The kitchen has an island and is open to the family room with access to a covered deck. Central Ac and newer furnace in 2024. New insulated skirting. Two pets are allowed in Sussex East, and they have a fenced dog park near the communitys indoor salt-water pool and a new pickle ball court. (Note: Family & friends may always visit, but rentals and subletting are NOT permitted in this community). Leasehold interest: Current Lot Rent of $631.00/mt. (Lease will renew again on July 1, 2026 with any increase capped as per 25 Del. C. Sec. 7050-7054). Homeowner pays electric, water, sewer, fuel (metered natural gas), recycling & lawn maintenance. RHP, the community owner, requires an Application from the Buyer, with acceptance based on the following criteria: 1.)income verification, 2.)favorable credit bureau score, including evaluation of debt-to-income ratio, and 3.)clean criminal background check. Financing may be available to qualified borrowers from only a few Lenders that specialize in installment/chattel loans for manufactured homes on leased land. Closing costs will include a 3.75% transfer tax (DMV Doc Fee) & a Settlement Agent fee.