Thursday, July 5, 2012

Millcreek Terrace Condos: Fully Furnished Executive/Vacation Rentals

Millcreek Terrace Condos: Fully Furnished Executive/Vacation Rentals:
Recently, Millcreek Terrace Condos has offered a few of it's deluxe condos for Corporate Executives and Vacationers who would prefer a more luxurious stay when coming to Salt Lake City.  Millcreek Terrace is one of the newest addresses in the Salt Lake Valley for deluxe accommodations.  Located at 3944 So and 900 East, along the Wasatch Front's east side, with views of Mount Olympus, Salt Lake Valley and the City.

These fully furnished, deluxe condos range from double master units up to large three bedroom, with den, 2,000 sf penthouses.  The nightly rate starts at only $179 per night and goes up to $349 for the largest units.  You can check these units out at www.saltlakecondos.org.

Wednesday, June 27, 2012

Executive and Vacation Rentals

Millcreek Terrace Condos, of Salt Lake City, Utah has recently offered several of it's luxurious condos for corporate and vacation travelers.  These units range from double master suite units to large 3 bedroom, 3 bath penthouses. Rental terms include nightly, weekly and monthly discounted rates.  If you are interested in the very best in lodging luxury, check out www.saltlakecondos.com.

Thursday, March 15, 2012

Executive/Vacation Rental Program

Millcreek Terrace Condominiums has recently offered a few of it's luxurious penthouse condos as executive or corporate/ vacation rentals.  Jay Rice, owner and managing partner of Millcreek Terrace says, "there is a growing need, especially along Salt Lake's east side, for corporate/vacation properties that are fully furnished for those individuals that are looking for short term - one week to 30 day type rentals.  These are usually corporate executives or vacation travelers that have discriminating tastes and would like a more premium place to call home when they are traveling to Salt Lake on business or on vacation".
Millcreek Terrace offers these short term travelers a place that gives them a heated, secured garage, gated entrance, penthouse accommodations that offer 10' ceilings, elevator access, hardwood flooring, full kitchens, washer and dryers, views of the Wasatch mountains and the Salt Lake Valley.  Rates start at only $99 per night, based on one month occupancy.  These units include two master bedrooms, two full baths and large king beds.
The largest unit is a 2,100 sf penthouse with 3 bedrooms and 2 1/2 baths.  It rents for $350 per night.  All units include washers and dryers, as well as fully equipped kitchens and baths.  You can view Millcreek Terrace Condos at:  http://saltlakecondos.org

Sunday, January 15, 2012

Rent a Penthouse Condo in Millcreek Terrace

Millcreek Terrace Condos recently has rented out a few of there penthouse condos for a one year lease.  This is in a addition to Millcreek's "Lease/Purchase" program that was started over one year ago. 
 Millcreek has three different penthouse floor plans that are included in this lease program.  The first unit is a Double Master floor plan that offers two master suites, divided with a "great room".  This unit is approximately 1140 sq. ft. and currently rents for $1390 per month.  The second penthouse model is a 1650 sq. ft. unit, it consists of two master bedrooms, a den and 2 and half baths.  This unit starts at $1690 per month. 
 The largest penthouse for lease is 2,100 sq. ft. and consist of a very large master bedroom, a second guest bedroom and 3rd smaller bedroom that works well as a study, baby room or hide-a-way "Murphy" bedroom. This largest penthouse has 270 degrees views of the Salt Lake Valley, Wasatch mountains and the beautiful sunsets.  This unit rents for $2390 per month.

All of these units are currently leased and reservations are now being taken.
Millcreek Terrace is a five story building, with parking on the main floor and the residential condos on the four floors above.  Jay Rice, owner and developer said, "with the housing recession still in full swing we feel fortunate to have only two units left on the 2nd and 3rd floors that are available for sale and only 1/2 of our penthouses remain unsold, which are located on the fourth and fifth floors. We felt that due to the rental market being strong, we would rent out a few of our remaining penthouses until the housing market strengthens and we will re-access the the market at the time."

Monday, December 19, 2011

Millcreek Terrace Penthouses - Lease

Recently listed a few prime penthouse units for rent.  These Penthouse condos range from double master suites to large 2,100 sf units.  Millcreek Terrace is one of the most prestigious addresses in Salt Lake.  The building is secured and gated, with heated garage.  Elevator access to all five floors.  Luxurious accommodations with 10' ceilings, fireplaces, pro-line appliances, hardwood flooring, beautiful views, designer finishes throughout.  Close to everything in Salt Lake.
Contact - Jay at 801-633-3994

Thursday, April 7, 2011

A New Finance Program at Millcreek Terrace Condos

In this slow economic recovery, you no longer have to worry about affording that luxurious retirement Penthouse condo due to the value of your existing home having, in recent years, fallen in price.
If you, or the youngest spouse, are at least 62 years of age, there is a new finance program that only requires that you put 35% to 40% down and have no more mortgage payments for the rest of your lives. 
For instance, if you want to buy the top of the line Millcreek Terrace condo, a 2,100 square foot Penthouse with all of the amenities, you will only need to put $178,500 (if you are 70 yrs old and $200K if you are 62 yrs old) down, of the $500,000 purchase price.  That's it, $178,500 down and you will not be required to make any mortgage payments for the rest of your life!
If you are wondering how this is done, it's simple; the finance company takes the risk of your life expectancy.  The balance of the amount that is owed accrues interest at 5.06%.  If the buyer, who uses this financing, wants to sell his/her unit can due that at any time, simply paying the accrued interest at the time of the sell.  The owners of the condo can also wait until their death, at which time the property reverts to their heirs and the heirs can than sell or payoff the amount owed and live in the condo themselves.  At the time of the owner's death, if the condo is not worth as much as the payoff amount, the estate can simply turn the property over to the finance company, with no money owed

Friday, March 4, 2011

Own a Penthouse Condo at MillCreek Terrace for Only 35% to 40% Down, with No Payment the Rest of Your Life.

Millcreek Terrace Penthouse Condos are selling for Only 35% to 40% Down, w/ No Payments for the Rest of Your Life!

That is true.  Millcreek Terrace has a new financing program that allows buyers, who are at least 62 years of age to pay only 35% to 40% down and have no principle and interest payments for the rest of the last living spouses life.

The down payment difference is determined by the age of the youngest spouse.  For example:  if a couple's youngest spouse's age is 62 years old and they wanted to purchase the most expensive and luxurious Penthouse in Millcreek Terrace, their payment would only be 40% of the $500,000 purchase price.  Therefore the down payment would be $200,000.  The only fees that they would owe is the HOA fee of $234 per month, which includes TV, internet, water and all other maintenance fees, except property taxes and utility bills.

Jay Rice, owner of Millcreek Terrace, says, "this finance program is a huge benefit for homeowners who would like to move up to the nicest condominium in the Salt Lake Valley with only having to spend 35% to 40% of what the property is worth".  In fact, Jay says, "that with the devaluation in real estate, his condos are selling at close to 30% below valuations seen just a view years ago".

MillCreek Terrace condos is now officially over half way sold out and the remaining units are priced to sell quickly, so don't waste much time in getting down to see these beautiful, luxurious, Penthouse condos.

If you have any questions you can call Jay Rice at 801-633-3994