Realife Cooperative of Owatonna
The best of renting and owning in one
Realife Cooperative of Owatonna235 22nd St. S.E.
Owatonna, MN 55060
507-455-3735
Fax: 507-455-3735
An Ebenezer-managed community
Excellence in senior cooperative housing
Realife Cooperative of Owatonna is a 32-unit cooperative building offering independent living for seniors 62 and older. Cooperative living combines the best of renting and the best of owning.
Realife Cooperative of Owatonna is a 32-unit cooperative building offering independent living for seniors 62 and older. Cooperative living combines the best of renting and the best of owning.
Cooperative as it applies to housing means co-ownership and operation of a housing project by those who live in it. This is a unique form of home ownership in that the cooperative corporation holds title to the property and directly assumes a mortgage, taxes and obligations necessary to finance and operate the building, which takes direct liability away from its members. Cooperative ownership allows for ease of transfer, investment return and personal tax benefit.
Realife Cooperative of Owatonna was built in 1988. We operate as a non-profit organization, offering the tax advantage of home ownership and the convenience of professional management. We have a maintenance team and office staff available on site or on call seven days a week.
We provide member-run social activities, which include:
- Gardening
- Entertainment
- Recycling cards
- Exercise
- Coffee hour
- Catered meals (two or three times per month)
- Area outings
New members are always welcome to join in these social activities.
Community areas
- Social room: We hold coffee hour twice a week, catered dinners, exercise and card parties. It is a great place to entertain friends or family for a gathering.
- Craft/exercise room: We hold small meetings, craft classes and have some exercise equipment available.
- Gazebo: We hold grill-outs. Family and friends for small gatherings can also use this area.
Amenities at Realife Cooperative of Owatonna
- One- and two-bedroom units
- Single-level convenience
- Barrier-free access
- Kitchen appliances provided
- Onsite management
- Limited-access entry
- Monday - Friday van service
- Laundry facilities included
- Social room, activities area, gift shop and craft/exercise room
- Garages available
- Storage units for each unit
- Free basic and extended cable TV
- Guest room services
- Trash and recycling services
