Realife Cooperative of Mounds View for Active Seniors 55+
HomeBlank pageBuilding FeaturesFloorplans at Realife"Picture" living here!Social ActivitiesContact Us

Virtual Tour


What is Cooperative Living?


Cooperative living is an alternative to home ownership.  Similar in nature, this type of ownership provides an opportunity for members to deduct their portion of the property taxes and mortgage interest on their income tax.

exteriorfront_500.jpg

We offer a variety of beautiful, affordable 1 or 2 bedroom homes.

Please call for a tour. We would be proud to show you our newly redecorated building! 

 

 

____________________________________________________________________________________________________________________________________ 

Cooperative Living Makes Quality Affordable
  • Purchase one ownership share in the Cooperative.  This is a one-time cost scaled according to the size of home you select.
  • Pay a monthly fee which covers your portion of the cooperative's mortgage, building insurance, real estate taxes, maintenance inside and out, and reserve funding.
  • Resident owners are responsible for their own telephone, electricity and if they wish, reserved parking in the heated underground garage.

You have a vote!

Each shareholder has one vote in the election of the Board of Directors that gives the direction to the operation of the Cooperative.

737757_500.jpg

eqhouse.gif