RENT-LOCK PROGRAM
To Help Secure Your Financial Stability and Peace of Mind

When You Move into Alderman Oaks We Will Automatically Lock in the Current Rental Rate for a Minimum of Two Years.

Should You Wish to Extend Your RENT-LOCK Period Beyond Two Years, We Offer Creative Ways to Handle Your Up-Front Entry Fees to Establish RENT-LOCKS from Three to Five Years and Beyond.

RENT-LOCK PERIOD

ADDITIONAL ENTRY FEE
AMOUNT TO SECURE
RENT-LOCK PERIOD

ANTICIPATED SAVINGS IN
TOTAL MONTLY RENTAL RATE
FOR RENT-LOCK PERIOD

2 YEARS

NONE

$1,080

3 YEARS

$500

$3,250

4 YEARS

$1,000

$6,600

5 YEARS

$2,000

$11,100

Note:

Current Entry Fees are $1,500 for Independent Living and $2,000 for Assisted Living.

Anticipated savings calculations are based on using the example of $3000 as a monthly rental rate and factoring in an annual increase of 3%.
  
This does not take into account any changes in fees due to a need for increased services or possible movement to a different apartment.

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  • Loving, caring ownership and staff
  • Services catering to different lifestyle needs
  • Active Resident Council and Committees
  • Located in "Heart" of Downtown Sarasota
  • Regular Spiritual Opportunities
  • Flexible Transportation
  • Exercises, health diets, and access to an on-site Wellness Center
  • Weekly Happy Hour with Live Entertainment (We dance!)
  • Just Around the Corner From the Friendship Center
  • Rental Only Apartments (No buy-in required)
  • Choice of studio, one bedroom, or two bedroom Floor Plans
  • Able to transition into Assisted Living if needed