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Summerhill of Maplewood
<br />Minimum Share Payment Price Sheet
<br />When buying at Summerhill of Hemline Park there are iwo costs to consider. The SHARE is a one -time payment that purchases a
<br />share in the corporation. This Share payment gives you the right to occupy the home.
<br />Shareholders then pay a MONTHLY FEE that includes their portion of interest paid on the master mortgage, real estate taxes,
<br />operating exoenses, required reserves (money allocated for future replacements of items such as appliances and carpet. ea.),
<br />water, sewer. heat, one underground heated parking stall, insurance. trash removal. maintenance. staff oversight management and
<br />common area eiectrcity. Your only monthly living expense outside el your monthly fee will be your phone, electric and cable.
<br />** First and Third Level Floor Plan Pricing
<br />Floor Plan Description
<br />Minimum
<br /># of Share Monthly
<br />* Net SciFt Units Payment Fee
<br />Erie 1 (1BR 1BA) 747 4 $ 53,037 $ 807
<br />Erie 11 (1BR Study/1BA-End) 1,124 4 $ 79,804 $ 1,214
<br />Huron 1 (1BR Den /1BA(S)) 1,171 2 $ 83,141 $ 1,265
<br />Huron 11 (1BR Den /1.5BA(S)) 1,287 2 $ 90,170 $ 1,390
<br />Michigan 1 (1BR Den /2BA) 1,332 4 $ 94,572 $ 1,439
<br />Michigan II (28R /2BA -End) 1,332 4 $ 94,572 $ 1,439
<br />Ontario (2BR Den /2BA -End) 1,332 4 $ 94,572 $ 1,439
<br />Superior (2BR Den /2BA(S) -End) 1,500 4 $ 106,500 $ 1,620
<br />Floor Plan Description
<br />Second Level Floor Plan Pricing
<br />Minimum
<br /># of Share Monthly
<br />* Net SqFt Units Payment Fee
<br />Erie 1 (1BR 1BA) 747 2 $ 50,796 $ 807
<br />Erie 11 (1BR Study /1BA -End) 1,124 2 $ 76,432 3 1,214
<br />Huron 1 (1BR Den /1BA(S)) 1,171 2 $ 79,990 $ 1,265
<br />Huron 11 (1BR Den /1.5BA(S)) 1,287 2 $ 86,360 $ 1,390
<br />Michigan 1 (1BR Den /28A) 1,332 2 $ 90,576 $ 1,439
<br />Michigan II (2BR /2BA -End) 1,332 2 $ 90,576 $ 1,439
<br />Ontario (2BR Den /2BA -End) 1,332 2 $ 90,576 $ 1,439
<br />Superior (2BR Den /26A(S) -End) 1,500 2 $ 102,000 $ 1,620
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<br />" First poor units as nave o' cu,vnS premium on
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