Michigan Shores (a member-owned 55+ housing cooperative) is situated on a majestic ridge overlooking Lake Michigan. Tucked within 19 beautiful wooded acres, it offers spacious, secure apartments supporting an active lifestyle. For sale is a Membership at Michigan Shores which begins with a one-time payment ($35,510) that purchases a share in the Cooperative. The difference between co-op living and conventional home ownership or a condo/townhouse relates to ownership and upkeep. Michigan Shores co-op members--not a separate company--own and manage the building. Members meet in committees to handle maintenance, accounting, landscaping, investing, decor and events. Unit 116-B is a 799 sq. ft., main floor, one bedroom/one bath private unit with a large living room. There is a monthly fee of $910 which covers expenses related to co-op operation: apartment rent, real estate taxes and insurance, heat, basic-expanded cable TV, garbage/recycling, snow plowing, gardening and outdoor maintenance. The monthly fee does not include upgraded TV channels, internet, electricity and telephone. There is also a one-time Capital Fee of $5,327 (15% of the Member Share Cost) payable upon membership acceptance. As an owner-member, you will enjoy a turnkey residence in a lively community with time to enjoy walking trails, beautiful gardens and wildlife just outside your window. Just minutes from the port city of Frankfort, a bustling resort community with plentiful shopping, excellent restaurants, and a wonderful hometown feel. Walk to downtown Frankfort in 15 minutes, bike it in ten, and drive there in just five. Shown by appointment only. Please contact a Realtor today to learn more about the Michigan Shores Life! MEMBERSHIP SALE - until 10-31-20 - Capital Fee reduced 50%, Now only $2664!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
