The River House Cooperative Apartments

Located in scenic downtown Detroit, Michigan -the heart of Motown - The River House is a housing community of quality minded individuals, seeking an afordable solution to traditional housing. The Detroit River House Housing Co-Operative is the perfect place for anyone thinking of buying a cooperatively owned apartment. Our members will happily tell you that the reason they chose The River House Co-operative apartments in Detroit, over other cooperative housing communities, is that River House offers cooperative members significant advantages in resources, quality, and savings.

Are you new to housing cooperatives? A housing cooperative is formed when people join with each other on a democratic basis to own or control the housing and/or related community facilities in which they live. Usually they do this by forming a not-for-profit cooperative corporation. Each month they simply pay an amount that covers their share of the operating expenses of their cooperative corporation. Personal income tax deductions, lower turnover rates, lower real estate tax assessments (in some local areas), controlled maintenance costs, and resident participation and control are some of the benefits of choosing cooperative homeownership.¹

Ready to learn more about how you can enjoy the benefits, savings, and exclusive lifestyle of cooperative housing? Please visit our web site at www.RiverHouse.coop.