LIVING THE LIFE YOU'VE DREAMED OF
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.
To learn more, attend our upcoming
August 11th | 12:00 - 1:00 PM | North Ridge Pavilion, Coralville
Join the Brown Deer Cooperative development team on August 11th for a Lunch & Learn Event! The meeting will be held from 12:00-1:00 PM at North Ridge Pavilion, 2250 Holiday Road in Coralville, and will also be live streamed online through Zoom.
The meetings will include lunch for those who RVSP for in-person attendance as well as a brief presentation on the development of the project. Use the links below to RSVP for either the in-person meeting or to join the meeting live online using Zoom.
Prior to the event, you're also invited to contact our Community Representative, Allison Curry, to schedule a virtual consultation. Allison can be reached at (563) 506-2307 or
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
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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
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1,885 Sq Ft
LAYOUT M
2 bedrooms, 2 bathrooms
126 SF balcony
Available on Penthouse Level
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831 Sq Ft
LAYOUT K
1 bedroom, 1 bathroom
63 SF balcony
Available on Second Level