The Occupancy Fee is $194,320 with our standard “Life Occupancy Agreement” entitling you with the right to live in the cottage basically indefinitely with a minimum of 60% ($116,590) refunded when you leave. If you should leave sooner than 40 months you would receive a greater amount based on your occupancy at 1% per month.
The current monthly fees are $439.35 of which $201.35 is real estate taxes and $238 is maintenance. Depending upon your income and assets you may be entitled to a Maryland State Homeowners Property Tax Credit enabling you to reduce this expense.
This is an upgraded Coach Model A cottage with 988 sqft plus the attached garage. It is a very popular floor plan at Manchester Manor with a “great room” and windows on three sides presenting a spacious and open feeling. It is unique with hardwood floors. Lighting includes ceiling fans.
3329 Kensington Sq., Manchester, MD 21102
