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Aquila Commons

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  • About Us
    • A Community Within A Community
    • Amenities
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  • Cooperative Living
    • Co-ops Explained
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    • Costs and Fees
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    • Building Layout
  • Available Units
  • Contact Us

Co-ops Explained

Cooperative living combines all the advantages of home ownership with a maintenance-free active social life. No mowing, snow shoveling or repairing the appliances – cooperative living offers more free time and fewer responsibilities.

Shareholders join together to form a not-for-profit cooperative corporation which owns the building and the land. Each member-owner owns a share of the corporation which is run by a volunteer Board of Directors made up of resident peers. Members are entitled to a proprietary lease on their unit for as long as they are shareholders. Each member pays a fixed amount each month that covers basic expenses including maintenance, building insurance, some utilities, and required reserves.  

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Aquila Commons
8200 West 33rd Street
St. Louis Park, MN

952-746-5547

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