CROWN


CROWNCredits to Own, or CROWN, is a rental program that gives renters or tenants the opportunity to purchase their home. The rental rate and final purchase price are substantially under market value.

Mountainlands currently manages eight homes in Summit County occupied under this program, five in Kamas, two in Oakley, and one in Coalville. There are also six CROWN homes in Heber City, and four more will be built in Francis in 2015.

Current CROWN Home Stats:

  • 3 to 4 bedroomsinside CROWN
  • 1,300 to 1,400 square feet
  • Two car garages
  • Rent between $730 and $800/mo.
  • Original cost $170 to $180k
  • Estimated purchase price after 15 years $110k - $120k
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