About Us
North Brighton Townhouses, Inc. is located just a few minutes northeast of Downtown Kansas City. The property is nestled between NE Parvin Road to the north, Highway 210 to the south, Chouteau Trafficway to the west and Interstate 435 to the east. Our office address is 5057 NE 37th Street.
Our community was established in 1968. We have 378 units in 1, 2, 3, and even 4 bedroom layouts, and we’re animal-friendly! (Restrictions apply) Please see our “Rules We Live By” for more information.
What is a Cooperative?
A cooperative is a business owned and operated by the people who use it. Each member of North Brighton Townhouses has an equal vote in the cooperative corporation, which holds title to the property. A Board of Directors is elected from within the cooperative by the members of the cooperative. The Board establishes standards to keep the community a pleasant place to live, and sets those standards in the Rules We Live By.
It’s similar to renting in terms of convenience. You make one payment a month without worrying about insurance, taxes, mortgage payments or maintenance.
It’s like owning a house in many ways. You can deduct from your federal income tax return that portion of your monthly charges that go toward real estate taxes and mortgage interest. What you are able to deduct will depend on your tax situation.
It differs from owning your house in that you are not personally liable for the mortgage and that you do not take care of the maintenance. The Board of Directors sets maintenance standards and retains a professional management firm to supervise the staff. Except for interior redecorating, your home is maintained for you. Complete exterior care includes structural repairs, lawn and shrubbery care, snow and trash removal, and outside painting. Major interior repairs include routine handyman work, maintenance or replacement of plumbing and electrical systems, appliances and any damage not caused by your negligence.
Monthly carrying charges do not exceed the actual cost of owning and maintaining the property. Nothing added for profit.
Office Address:5057 NE 37th Street |
Office Hours:8:00am – 5:00pm Monday – Friday, closed Saturday & Sunday The office is closed to observe these holidays:
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