DESIGNED TO FIT YOUR NEW
LIFESTYLE

A SENIOR HOUSING COOPERATIVE

Cooperatives provide a maintenance-free,  community lifestyle, through an affordable financial model with a proven history of
over 40 years.

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.

RETURN ON INVESTMENT

The value and share will appreciate using the Limited Equity Formula, limiting appreciation to 2% 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. The following is an example of a 2BR/2BA unit, with a Share Value of $183, 180 and a Share Price of $______.

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. Minimum income requirements show they are able to pay the monthly fee.

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

2 bedrooms & den, 1188 Sq Ft

EAST DRIVE

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$790,000

Guestroom, 328 Sq Ft

CHASE AVENUE

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$500,000

1 bedroom, 702 Sq Ft

EAST DRIVE

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$790,000

2Bedroom.jpg

2 bedrooms, 906 Sq Ft

OSTERLEY AVENUE

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$450,000

1 bedroom, 780 Sq Ft

KINGS CLOSE

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$450,000

1 bedroom, 720 Sq Ft

OSTERLEY AVENUE

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$450,000

1Bedroom_4.jpg

1 bedroom, 720 Sq Ft

EAST DRIVE

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$790,000

TESTIMONIALS

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NINA & TOM STONE

" I'm a paragraph. Click here to add your own text and edit me. Let your users get to know you. "

ANGELA PETERSON

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PAUL & SUSAN TAYLOR

BROWN DEER GOLF CLUB

1900 Country Club Drive

Coralville, IA 52241

FOR MORE INFORMATION

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