OneTwoOne Development
Senior Cooperative Housing
Zvago Glen Lake
14301 Stewart Ln, Minnetonka, MN, 55345
Distance: 0 Miles
(952) 452-8875
https://zvagoliving.com
Service Details
Description
Cooperative housing provides full apartment or townhouse living. Cooperative housing is owned and managed by the people who live there. Members own a share of the property and the right to occupy a unit in the building.
About This Location
Features
-
Area Served by County
- Hennepin County
-
Specialization
- Older adults
Area Served
Hennepin County
Websites
Phone Numbers
| Type | Number | Hours |
|---|---|---|
| Main | (952) 452-8875 |
Last Update
11/22/2024
Other Locations
- Zvago Apple Valley 7070 153rd St W, Apple Valley, MN, 55124
- Zvago Lake Superior 3900 London Rd, Duluth, MN, 55804
- Zvago St. Anthony Park 2265 Luther Pl, St. Paul, MN, 55108
- Zvago Stillwater 114 Brick St S, Stillwater, MN, 55082
Other Services or resources
This provider does not offer other services or resources at this location.
Taxonomy Terms Used: Clicking a taxonomy term from the list below launches a new search.
-
BH-7000.8100-300Limited Equity Housing Cooperatives Definition
Apartment or condominium complexes or other housing facilities that are owned and administered collectively by the people who live there. A nonprofit corporation is set up to own and manage a building and the land on which it is located. Cooperative members do not own a particular part of the building and/or land, but own a share of stock in the project and the right to occupy a unit there. New residents are screened and selected by current residents and all pay equal shares of the cost of housing. Some housing cooperatives set aside a certain number of units for low-income people. Lower turnover rates, lower real estate tax assessments (in some local areas), controlled maintenance costs, and resident participation and control are some of the benefits of choosing cooperative homeownership. There are also personal income tax advantages.