Property Information

# of Units: 41 deed restricted
Type: 2- and 3-bedroom townhomes
Occupancy: Owner occupied
AMI Target: 80%-120% AMI
Neighborhood Amenities: Park, rec path, public transit, solar panels
Construction Complete: 2011

Restrictive Covenant Highlights

Employment: 30+ hours per week in Summit County
Income Limits: 80% – 120% AMI
Property: Not allowed to own other property
Appreciation 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: 10% of initial purchase price upon approval
Retirement: Full retirement at age 65
Rent: No short term rental allowed; owners can rent rooms to qualified tenants upon approval

Restrictive Covenants

Please note that the information provided on this page is for convenience only and is not a substitute for a full recorded document search and review.  Please also note that the Town of Breckenridge offered property owners the option to opt into an updated restrictive covenant on an individual basis, so the covenants provided above may not apply to all properties in this development. To obtain the recorded documents, please contact the Summit County Clerk & Recorder’s office.