The Suburban Times Asbury
The Village Cooperative of Asbury will be building a new community housing facility in Asbury in the near future. Presently working out of a sales office, the actually housing facility will be located along Asbury Road just east of the city park.
Betty Apelian is the sales coordinator for the project. Village Cooperative is a housing option offered by Real Estate Equities Development, LLC, a St. Paul, MN real estate development and property management firm with over thirty-five years of experience.
REE has developed, owned and operated more than 9,000 residential housing units in the upper Midwest.
A Village Cooperative is a resident-member owned community that offers a comfortable lifestyle at a good financial value for active seniors. A cooperative member purchases a share in cooperative corporation.
There is one available share per unit. Monthly charges are based on costs required to operate the cooperative. The share prices and monthly carrying charges vary according to choice of unit.
The Village will have three floors with a centrally located elevator. It features a variety of different floor plans of one and two-bedroom styles. Each home comes with all kitchen appliances and full-sized washer and dryer.
The Village Cooperative is a secure building with controlled access and provides 24-hour monitoring and maintenance emergency services.