During construction of Applewood Pointe of Roseville at Langton Lake, we had a camera on site that took still shots every 15 mintues. At the end of construction, the camera was taken down, and the live shots were put together and fast forwarded to put together a quick glimpse into the construction progress over the course of a year.
Applewood Pointe is a network of senior cooperative communities with locations in Bloomington, Maple Grove, New Brighton, Roseville, and Bloomington at Southtown, Minnesota, with new locations coming soon to Roseville at Langton Lake and Minneapolis. Our communities offer a top-quality lifestyle without the demands of home maintenance for active independent adults.
Applewood Pointe cooperatives (co-ops) give you ownership in your home, with fixed mortgage costs, in a maintenance-free environment. Cooperative housing combines the advantages and pride of home ownership with the conveniences of community living. The communities are designed around the needs and desires of active adults, offering a wide variety of choices in housing and amenities.
Applewood Pointe members benefits financially from taxes and mortgage payments that may be deductible and from the economies of scale created by cooperative living.
As mutual owners, Applewood Pointe residents are able to participate in the decision-making process. You can choose to be as involved as you want to be.
The Applewood Pointe cooperative community provides a built-in neighborhood. Communities have a number of clubs and committees and hold many events and activities.
As an owner in a cooperative, you're building equity, just like any other homeowner. Cooperative housing is joint ownership and operation of a housing development by members of those who live in it. Each member at Applewood Pointe purchases a share, which provides equity to secure a mortgage.
Applewood Pointe communities are developed and managed by United Properties. Headquartered in Bloomington, Minn., United Properties is privately owned and has a 90-year history in the Twin Cities. In 2004 it received the NAIOP national "Developer of the Year" award.
Moving to a cooperative is right-sizing, not downsizing. 89 percent of Applewood Pointe cooperative residents come from single-family homes. Most have been in their home for more than 25 years. The transition is cooperative living is not difficult, according to residents.
