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.

UPCOMING EVENTS

When: January 21st from 2:00 to 3:00 PM

Where: Watts Group Office - 425 E. Oakdale Blvd, Coralville IA

& Online via Zoom

You’re invited to attend our next Informational Meetings for Brown Deer Cooperative, either in-person or online!

The in-person event will take place at the Watts Group office at 425 E Oakdale Blvd in Coralville on January 21st from 2 to 3 PM. The meeting will include a detailed presentation on the project as well as a live Q&A from the Brown Deer Cooperative development team. To ensure the safety of guests, this will be a socially distant event with limited spots available - so be sure to RSVP today!

 

If you’re not able to make the meeting, or would prefer to join from home, not a problem! We are also streaming the event live on Zoom. Online attendees will still be able to view the shared presentation and submit questions for the live Q&A.

 

To attend in either way, we ask you RSVP by contacting our Community Representative, Allison Dunmore, at (564) 506-2307 / Allison@BrownDeerCooperative.com or RSVP online using the links below!

January 21st Informational Meeting

RSVP for In-Person

RSVP for Online

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.

FLOOR PLANS

1,780 Sq Ft

LAYOUT A

2 bedrooms, 2 bathrooms

136 SF balcony

Available on Main, Second and Penthouse Levels

1,780 Sq Ft

LAYOUT B

2 bedrooms, 2 bathrooms

136 SF balcony

Available on Main, Second and Penthouse Levels

1,885 Sq Ft

LAYOUT M

2 bedrooms, 2 bathrooms

126 SF balcony

Available on Penthouse Level

831 Sq Ft

LAYOUT K

1 bedroom, 1 bathroom

63 SF balcony

Available on Second Level

BROWN DEER COOPERATIVE

1920 Country Club Drive

Coralville, IA 52241

FOR MORE INFORMATION

(563) 506-2307

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