Sail Lofts
Dillon, CO 80435
Various Prices Available

Sail Lofts; Dillon, CO 80435

Property Information

.
Unit:  1106
Listing Price: $469,000
Subdivision:  Sail Lofts
Unit Type:  Condo
Bedrooms:  2
Bathrooms:  2.0
Living Area Square Footage:  1,099
Parking:  Parking spaces (1)
Year Built:  2019
Income Restriction:  None
Application:  Employment Only
.
Unit:  1202
Listing Price: $489,000
Subdivision:  Sail Lofts
Unit Type:  Condo
Bedrooms:  2
Bathrooms:  2.0
Living Area Square Footage:  1,099
Parking:  Parking spaces (1)
Year Built:  2019
Income Restriction:  None
Application:  Employment Only
.
Unit:  103
Listing Price: $332,553
Subdivision:  Sail Lofts
Unit Type:  Condo
Bedrooms:  2
Bathrooms:  2.0
Living Area Square Footage:  1,099
Parking:  Parking spaces (1)
Year Built:  Scheduled for completion in 2020
Income Restriction:  Maximum household income of $97,920
Application:  Income & Employment
.
Unit:  202
Listing Price: $332,553
Subdivision:  Sail Lofts
Unit Type:  Condo
Bedrooms:  1
Bathrooms:  1.0
Living Area Square Footage:  1,040
Parking:  Parking spaces (1)
Year Built:  Scheduled for completion in 2020
Income Restriction:  Maximum household income of $95,200
Application:  Income & Employment
.
Unit:  302
Listing Price: $366,005
Subdivision:  Sail Lofts
Unit Type:  Condo
Bedrooms:  1
Bathrooms:  1.0
Living Area Square Footage:  1,040
Parking:  Parking spaces (1)
Year Built:  Scheduled for completion in 2020
Income Restriction:  Maximum household income of $102,000
Application:  Income & Employment
.

For questions on the property, please see the links to the MLS listings below.

Restrictive Covenant Highlights

Employment: 30 hours per week on annual basis in Summit County
Income Limits: 90% – 130% (20% additional income allowance for qualified occupants) on income-restricted units
Appreciation Limit: Fixed 2% per year on income-restricted units
Commission: 1.75% of the resale price on income-restricted units
Capital Improvements: 3% of the purchase price can be added over a period of 10 years upon approval on income-restricted units
Retirement: A person over 65 years of age shall remain a qualified occupant regardless of his or her working status, so long as he or she has occupied the restricted unit for not less than 7 years
Rental: Units may be rented to an approved tenant, and may not be short term rented

All purchasers or tenants must be qualified in advance by the SCHA.  For information on the application process, please call (970) 453-3555 or email info@summithousing.us.

Restrictive Covenants