Realife Management Services
Senior Cooperative Housing
Realife Cooperative of New Ulm
1224 5th St N, New Ulm, MN, 56073
Distance: 0 Miles
(507) 354-8080
realifenu@newulmtel.net
https://www.realifemanagement.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.
Features
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Area Served by County
- Brown County
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Specialization
- Older adults
Eligibility
Some properties require a minimum age of residents at 55 or 62 and may have an income requirement.
Fees
There is an initial buy-in cost up front and then monthly maintenance fee from then on.
Area Served
Brown County
Websites
Phone Numbers
| Type | Number | Hours |
|---|---|---|
| Main | (507) 354-8080 |
Last Update
9/6/2024
Other Locations
- Aquila Commons Cooperative 8200 W 33rd St, St. Louis Park, MN, 55426
- Colony Square Cooperative 1850 SE 2nd Ave, Grand Rapids, MN, 55744
- Independence Place Cooperative of Willmar 1400 Willmar Ave SE, Willmar, MN, 56201
- Realife Cooperative of Bloomington 8641 Wentworth Ave S, Minneapolis, MN, 55420
- Realife Cooperative of Brooklyn Park 3100 85th Ave N, Minneapolis, MN, 55443
- Realife Cooperative of Coon Rapids 1555 Main St NW, Coon Rapids, MN, 55448
- Realife Cooperative of Duluth 118 Coffee Creek Blvd, Duluth, MN, 55811
- Realife Cooperative of Faribault 2125 7th St NW, Faribault, MN, 55021
- Realife Cooperative of Hibbing 2020 3rd Ave E, Hibbing, MN, 55746
- Realife Cooperative of Hibbing South 12070 W 47th St, Hibbing, MN, 55746
- Realife Cooperative of Mankato 50 Teton Ln, Mankato, MN, 56001
- Realife Cooperative of Phalen Village 1355 Phalen Blvd, St. Paul, MN, 55106
- Realife Cooperative of Rochester 825 Essex Pkwy NW, Rochester, MN, 55901
- Realife Cooperative of St. Peter 500 W Jackson St, St. Peter, MN, 56082
- River Bluff Cooperative at Elton Hills 1880 3rd Ave NW, Rochester, MN, 55901
- The Meadows Cooperative of Fairmont 1310 Adams Ave, Fairmont, MN, 56031
- Village Cooperative of Hutchinson 1300 Sherwood St SE, Hutchinson, MN, 55350
- Village Cooperative of Le Sueur 200 S 3rd St, Le Sueur, MN, 56058
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.
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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.