1/20/2009

6, 13, 19 and 27 Larch Drive, Shippensburg

 

 

 

 

 

 

 

 

 

 

Comparisons

 Larch Drive Homes

Creekside & Madison Court Apartments

Bard Townhouses

Rock Towne

Hot Point Commons

  Proximity to Campus

2 miles

1 mile or less

1 mile or less

1 mile or less

1 mile or less

  Monthly Rent

$275 - $300 (3 - 4 People)

Once operational, rents will be starting @ $420.

$450 each up to four students. Does Not usually have students pay difference if occupancy is only at two or three students. $2150 per semester for 4 bedroom townhouse.

1bedroom- $675, 3 bedroom (4 tenants) - $540 for the single room, $400 for double room, 4 bedrooms - $540

$1600 per month on a 12 month lease. $400 per student, four student occupancy on a 12 month lease. $1700 per month on a 9 month lease. $425 per month, four student occupancy on a 9 month lease. This year did Not have students pay difference. Does Not see under-occupancy being an issue in semesters to come.

Security Deposit

One month's rent

$300 per student

$150 per student

$ 200 per student

One month’s rent per student

Rent payment schedules

Monthly, quarterly or semester.

Advance payment ahead of each semester

Advance payment ahead of each semester

?

Quarterly (in advance)

 

 

 

 

 

 

Living Space:

Yes

 

 

 

 

  1st Floor

Yes

 

 

 

 

    Kitchen

Yes

Yes

Yes

Yes

Yes

    Dining Room

Yes

 

 

 

 

    Closet

Yes

 

 

 

 

    One-Half Bath

Yes

2 Bathrooms

varies

1, 3, 2 bathrooms

2.5 Bathrooms

    Laundry

Yes

 

 

 

 

    Living Room

Yes

 

 

 

 

  2nd Floor

Yes

 

 

 

 

    Master Bedroom

Yes

3-4 bedrooms

2, 3, 4 Bedrooms

1, 3, 4 bedrooms

4 bedrooms

    Walk-in Closet

Yes

 

 

 

 

    Bedroom

Yes

 

 

 

 

    Closet

Yes

 

 

 

 

    Bedroom

Yes

 

 

 

 

    Closet

Yes

 

 

 

 

    Full Bath (2 in 27 Larch)

Yes

 

 

 

 

    Linen Closet

Yes

 

 

 

 

  Basement

Yes

 

 

 

 

    Full Size

Yes

 

 

 

 

  Lawn

Yes

 

 

 

 

    Front/Side and Back

Yes

 

 

 

 

  One Car Garages

Yes

No

No

No

No

  Off-Street Parking

Yes

No

No

No

No

 

 

 

 

 

 

Appliances:

Yes

Yes

some

Yes

Yes

Washer and Dryer (Full Size)

Yes, Provided with No additional charges.

Yes, Tenants PAY for use.

No

Yes, in building.

Yes, in building

Refrigerator

Yes

Yes

Yes

Yes

Yes

Stove/oven/range

Yes

Yes

Yes

Yes

Yes

Dishwasher

Yes

Yes

Yes

Yes

Yes

Garbage Disposer

Yes

No

No

No

No

 

 

 

 

 

 

Utilities:

 

 

 

 

 

Water/Sewer and Trash

Landlord Pays.

Yes

Yes

Yes

No – Additional Cost

Economical Gas Heat and Utilities.

Tenants pay and set their controls.

Yes

No – Additional Cost to Tenants

Yes- $ 100 cap for 4 students

No – Additional Cost to Tenants

HVAC - Central Air

Tenants pay and set their controls.

Yes

No – Additional Cost to Tenants

Yes- $ 100 cap for 4 students

No – Additional Cost to Tenants

 

 

 

 

 

 

Asthetics:

 

 

 

 

 

Quiet Neighborhood

Yes

Unknown

Unknown

Unknown

Unknown

Property Maintenance

Well Taken Care of properties.

On-call.

On-call.

On-call.

On-call.

Noise

You in your Home.

Neighbors: Upstairs, Downstairs, left side, right side, front and back.  (Living in the DORMS?)

Neighbors: Upstairs, Downstairs, left side, right side, front and back.  (Living in the DORMS?)

Neighbors: Upstairs, Downstairs, left side, right side, front and back.  (Living in the DORMS?)

Neighbors: Upstairs, Downstairs, left side, right side, front and back.  (Living in the DORMS?)

 

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