Copper Point Townhomes

Property Information

# of Units: 15
Type: 2-bedroom townhomes
Occupancy: Owner occupied
AMI Target: 110% AMI
Neighborhood Amenities: Rec path, public transit, community shed, shared lawn
Construction Complete: 2018

Restrictive Covenant Highlights

Employment: 30+ hours per week in Summit County
Income Limits: 110%
Property: Not allowed to own other property
Appreciation Limit: Limit: 3% per year or the change in AMI from year of purchase to sale date, whichever is less
Commission: 2% of sale price
Capital Improvements: Permitted upon approval
Retirement: A person at or above 65 may remain in unit, so long as they occupied the unit for a period of 7 years
Rent: No short term rental allowed; owners can rent rooms to qualified tenants upon approval

Restrictive Covenant Highlights

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