Re: looking for built or nearly built cohousing elsewhere
From: Jasmine Gold (juturnaix.netcom.com)
Date: Mon, 31 May 1999 21:49:17 -0600 (MDT)
Here's my latest attempt to get cohousing going in the Silicon Valley. 

--Jasmine

> Subject: 
>         Retrofit Property
>    Date: 
>         Mon, 31 May 1999 20:35:56 -0700
>    From: 
>         Jasmine Gold <juturna [at] ix.netcom.com>
>      To: 
>         mvc <mvc [at] egroups.com>, "ba-cohousing [at] lists.best.com" 
> <ba-cohousing [at] lists.best.com>
> 
> 
> 
> 
> Lisa Larsson and I are heading up a group interested in putting together
> an offer on the apartment complex described below. This would be a
> retrofit opportunity only as the property is too expensive to tear down.
> We are looking for people interested in helping us buy it either as
> residents or investors as well as people who might like to rent.
> 
> If you are interested, please let me know ASAP, juturna [at] ix.netcom.com,
> (650) 969-8237. We will be meeting this Wednesday at 7pm at my house to
> discuss how to proceed. Call or e-mail me if you plan to attend.
> 
> We could also use advice on how to go about purchasing and retrofitting
> the building. We do not currently have a real estate agent. I found this
> property through an ad in the San Jose Mercury on-line classifieds and
> requested information directly.
> 
> --Jasmine
> 
> Property:
> 
> Monroe Palms, 230 Monroe, 22 units, Mountain View, $3,300,000, courtyard
> style apartment complex with swimming pool. Lot size: 36000 s.f. (.82
> acre). Located next door to the Ananda Community and behind Montelena.
> 13 one bedroom/one bath units 675 s.f.
> 8 two bedroom/one bath units 800 s.f. 
> one studio 500 s.f.
> The spacious floor plans include eat in kitchens, spacious living rooms,
> full bathrooms, and mini-blinds. Each unit has a balcony or a patio.
> 
> I have a fax that contains details of the property, rent, comps, etc.
> and would be happy to fax it to you.
> 
> It is a typical looking apartment complex with three buildings and
> parking along three sides. We would want a 2 bedroom and a 1 bedroom
> unit. If we assume that half of the 2 bedrooms are turned into 3
> bedrooms and two of the 1 bedrooms become a common house than our
> community size would be 16 households (if all of them were converted, it
> would be 12). The property is large enough to accomodate a garden and a
> children's play area.

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