It is designed for people who want the financial benefit of homeownership without the challenge of home and yard upkeep. The Village Co-operative of Le Sueur is co-operatively owned and governed by it's resident members on a not-for-profit basis. With the purchase of an apartment, the resident owns a share in the building. Monthly charges cover a member's proportionate cost of:
◦Principal, interes
t and mortgage insurance premium.
◦Management and operations of the building and community.
◦Building repairs, maintenance and replacement of common area property and apartment appliances, carpet, standard window treatments, and mechanical-electrical.
◦Property Tax
◦Water/sewer, common area electricity, heating, and housekeeping, cable TV, trash collection, snow removal and landscape maintenance.
◦Fire and extended coverage insurance including common area liability.
◦Reserve funds for general operations and replacements
A garage stall can be rented. Office hours are usually 8:30am-1:00pm M, Tu, W, F -- this schedule does change from time to time.
