The Suites of Bettendorf: A Vintage Cooperative Community senior housing facility, is inviting the public to attend its grand opening open house from 2-6 p.m., Thursday, April 14.
The Suites, located at 2592 Middle Road, is a three-story building on seven acres featuring 62 homes with 13 different floor plans. Nearly half of the homes are sold, with the remaining homes available and move-in ready, according to representatives of The Suites.
The open house will feature live music, refreshments, and conversation with members who have already moved into the new senior living facility.
Inside the secure cooperative, members are able to enjoy a great room with fireplace and kitchen, clubroom, fitness center, workshop, garden plots, guest suites, conversation lounge, library, and a heated, underground parking garage.
Cooperatives were designed as a form of homeownership, in which, the members collectively own and control the developments in which they live. Residents buy membership stock in the cooperatives, which owns the land, building, and any common areas.
The monthly investment encompasses many expenses, including all home maintenance inside and outside the home (except housekeeping), gas, sewer, water, trash, recycling, internet, insurance, property taxes, mortgage, vacation service, professional management services, underground parking, the reserve fund, and use of the common areas.
Depending on the floor plan, members monthly cost will range from $1,365 to $2,336.