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Northlake Village Cooperative

1365 Parkway Dr Ne, Grand Rapids MI 49525 0 Bed Pets OK

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Floor Plans (0)

Prices, specials, features and availability subject to change.

Amenities
Property Features
Parking
Assigned Parking
Leisure
Clubhouse
Playground
Laundry
Washer & Dryer Connections
Utilities Included
High Speed Internet Access
Units may feature
Amenities
Cable Ready
Ceiling Fan(s)
Garbage Disposal
Hardwood Flooring
Kitchen
Dishwasher
Microwave
Refrigerator
Outdoor
Balcony
Yard
Description

Updated Townhouse in Cooperative Community - Membership Fee

TOWNHOUSE, FOUR BEDROOM for $675 per month including water and gas (heat, hot water, stove and dryer). Must pay own electric. Located in Northlake Village Cooperative, a complete, family-oriented community concept encompassing all the advantages of home ownership with shared responsibility of all voting members. The prospective co-owner must meet qualifications and reimburse the cost of the current co-owner's membership share. The membership share is $7,000.00. Many benefits of co-ownership here

Townhome 1 units
Pet friendly: Cats allowed Dogs allowed
Leasing Information

Pet policy

Pets Accepted. Call for service animal policy.

Terms

Each townhouse resident is a co-owner in the Cooperative community and has voting rights. A board of directors is elected by the co-owners and the board then works with the onsite management company to operate the Cooperative. This is similar to a condo but you do not own the property or pay property tax. As a co-owner, your share of the Cooperative is $7,000, payable to the co-owner who is moving out. There is no lease - when you are ready to move, you sell your share to the next person moving in. That way you are assured of getting your $7,000 membership share back when you move out. Some co-owners have made the Cooperative their permanent home, having lived there for 20+ years. For a person looking for long-term housing, this would be a solid place to live. For a more transient person, this is a non-lease situation, so you are not locked in to a specific length of time (e.g. 12 month lease). The low rent would allow you to save for a future house purchase.

For more information, please call or check availability.

Managed by

deborah.may@sbcglobal.net

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    1365 Parkway Dr Ne, Grand Rapids MI 49525

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