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: Tuesday, June 29th at 1:00 PM
Where: Brown Deer Golf Club - 1900 Country Club Dr, Coralville
Learn more about Brown Deer Cooperative by attending our Informational Meeting and On-Site Tour on Tuesday, June 29th.
The event will take place at Brown Deer Golf Club at 1900 Country Club Dr in Coralville from 1 to 2 PM. The meeting will include a detailed presentation about the project as well as a live Q&A with the Brown Deer Cooperative development team.
Following the meeting, attendees are also invited to join us for a tour of the Brown Deer Cooperative site, which is located adjacent to Brown Deer Golf Club. To ensure the safety of guests, closed toed shoes will be required to attend the tour.
To learn more or RSVP for this event, contact Allison Mackin at (563) 380-8655 / Allison@BrownDeerCooperative.com or RSVP using the link below.
Invitation Video
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