New Community Moving Along

Wednesday, August 30, 2017

The first townhouse duplex unit will be completed in October, but Summerlon Gardens is already selling units.

In fact, of the first duplex, one is already sold.

“We’ve got the infrastructure almost done, so we started building the first unit,” said Ric Marboeuf of M.R. Builder, the general contractor of Summerlon Gardens. “One’s already sold.”

The townhouses start at $139,900. Due to Summerlon Properties and M.R. Builder working with the city, Summerlon Gardens is being built using a Rural Housing Incentive District.

“The RHID helps keep costs down when building the infrastructure, such as streets and sidewalks,” said Greg Gaskill of Summerlon Properties. “This is our fourth project using a RHID in Dodge City.
“We can’t thank city officials of Dodge City and state officials for working so hard with us and working to allow us to use a RHID.

“We’re the first to use RHID in the state. We’ve got a date to go the state Legislature and tell them how we do it.”

Marboeuf has a term he uses to describe the RHID.

“Instant equity,” he said. “You pay for the unit, but the land and the infrastructure are free. It’s instant equity and banks will love that when discussing a loan.”

When completed — in about 4 years — the 67-unit community will offer easy access to a walking trail, fishing and the YMCA.

“There will be a homeowner’s association which will pay for lawn maintenance, plant care, snow shoveling and other outside care,” Marboeuf said. “These are perfect for young families, professionals and retirees.