Cohousing-L Mailing List: Affordable 7-unit mansion UNDER CONTRACT:Instant Cohousing open house Sun PM (Oakland, CA)

[Raines Cohen (rc3-coho-L]

This alert just went out to East Bay Cohousing (EBCOHO) members, about
a potential retrofit "Instant Cohousing" community house that they
have under contract, with seller financing, for what could be under
$100,000 per unit. The site is close to both Mariposa Grove and Triple
Point cohousing, established communities using a similar retrofit
model; it's within a mile of Doyle Street in Emeryville and Berkeley
Cohousing. Whether or not you can make tomorrow's open house, you can
get more details and links via the EBCOHO website:
http://www.ebcoho.org/

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EBCOHO supporting members Kenneth Mahaffey and Jack Sawyer,
twenty-year members of the Parker Street Co-op, have just this week
had an offer accepted on an exciting property that hosted a longtime
community that YOU could be a part of rebooting with a new vision,
together with friends. RSVP here and come by the open house Sunday
afternoon to meet them and an existing renter interested in community,
see the place and meet other seekers, learn more and forge connections
with compatible seekers.

The property they found, on a 60th street corner just a block East of
San Pablo Avenue, has seven fully independent units, some with
separate outside entrances, a mix of 4 studios and 3 1-bedroom homes.
The second-floor studios have 11-foot ceilings and built-in lofts, so
they are surprisingly spacious. The property includes a roof deck with
incredible views, plus an extensive yard with multiple palm trees. Two
of the units are rented, and one tenant is interested in participating
in a community.

The long term intention is to create a resident-owned community. A
group that was ready could even take over the contract ($500,000 with
$125,000 down) and buy the building now. More likely, perhaps, is that
initially people would rent while the group is coming together.

Read more about the property itself on the original marketing flyer
(login to your free EBCOHO/MeetUp account required). For more
information, see Jack, Kenneth, or Freya at the EBCOHO MeetUp Open
House or e-mail jacksawyer [at] comcast.net).

RSVP via the EBCOHO website and come anytime during the open house
Sunday; if you can't make it but are interested, please RSVP "No" and
fill out the 3 simple questions on the page that follows so we can
follow up with you and others who are interested.

Betsy and Raines, your Cohousing Coaches are available to help
potential buyers get to know each other and work out details, getting
the help you need to see the potential.

Announcing a new Meetup for East Bay Cohousing -
Berkeley/Oakland/Emeryville/SF area!

What: 7-unit mansion UNDER CONTRACT:Instant Cohousing open house Sun
PM(North Oakland)

When: Sunday, July 25, 2010 1:00 - 4:00 PM

Where: 60th Street Potential Community Site
1072 60th St. (near San Pablo)
Oakland, CA 94608

RSVP to this Meetup:
http://www.ebcoho.org/calendar/14197034/