BUILDING CONSTRUCTION

Now Underway

BROWN DEER COOPERATIVE is a thoughtfully designed community offering active, independent adults age 55 or older an alternative to home ownership that is simple and secure. Situated on six scenic acres adjacent to the Brown Deer Golf Course, this exciting form of share ownership offers tax advantages, equity growth, a community lifestyle of like-minded people, and freedom from the hassles of home maintenance responsibilities. As a shareholder at Brown Deer Cooperative, you play a part in the decision making of the day-to-day operations of the cooperative.

Keep up on Brown Deer Cooperative's construction by checking in on our LIVE Construction Feed. We have cameras on-site that are streaming the the progress being done to building and surrounding area.

VIEW LIVE CONSTRUCTION FEED

UPCOMING EVENTS

When: February 18th from 10:00 AM to 12:00 PM

1900 Country Club Dr, Coralville IA

You’re Invited 🍩 Donut Drive Thru next Thursday!

Join the Brown Deer Cooperative development team next Thursday, February 18th, for our Donut Drive Thru event. Stop by the Brown Deer Golf Course clubhouse from between 10 AM and 12 PM to chat about the project and enjoy donuts & coffee while distanced in your own vehicle.

For more information, contact our Community Representative, Allison Dunmore, at (563) 506-2307 / or check out the special invitation video below!

BROWN DEER COOPERATIVE

A housing cooperative is a form of joint ownership in a housing development. Members purchase a share in the cooperative. The cooperative holds title and owns the building and land. Members are a part of the cooperative and retain membership benefits through on occupancy agreement and through member participation.

OWNER
ELIGIBILITY

At least one owner of each home must be age 55 or above. All owners must qualify for membership and must show that they have the financial resources to purchase the membership share.

RETURN ON INVESTMENT

The value and share will appreciate using the Limited Equity Formula, limiting appreciation to 1.5% of the share value, compounded annually. This practice is widely used by cooperatives to keep the units affordable overtime, therefore building waiting lists of prospective buyers and to promote ease of resale.

PERSONAL DESIGN

A cooperative housing specialist will work closely with members on personal design and selections of home amenities. Personal design selections for standard and upgrade options are available to buyers who purchase prior to construction deadlines.