507-451-8524
TDD: 507-451-0704
info@lifestyleinc.net
Fax: 507-451-5459

Apartment, Townhome Rentals and Professional Property Management
Site last updated on 10/16/25
Realife Cooperative
1212 3rd Street NE, Waseca, MN 56093
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1 & 2 Bedroom Spacious & Clean Apartments
Units are purchased as a part of a Coopertive. Prices are determined by the square footage of the home.
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For information on availability and to schedule a tour call (507) 835-5872
or email info@realifewaseca.com

What is a Housing Coop?
Housing Cooperatives are a form of multifamily home-ownership which are jointly owned and operated by the residents who live there. The cooperative itself is its own not for profit corporation and equally owned by the residents (“shareholders”). It is operated through their own resident elected board of director
To become a member, a “share” is purchased upfront. Share prices are determined by the square footage of the home. Members pay a fixed amount each month which covers basic expenses of operating the community, including their portion of the mortgage, property taxes, water, sewer, trash and more.
What are the Advantages to Realife Cooperative?
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Ownership
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Home-ownership Tax Advantages (Mortgage interest and real estate taxes are deductible in a housing cooperative)
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Control (Resident-governed)
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Equity Growth Potential
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Maintenance Free
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Safe and Secure Community
Utilities - Monthly Maintenance Fee
Several accessible units
Utilities included:
Heat, Water, Sewer
& Trash Removal​
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Water Softener and Salt Replacement
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Year Around Pest Control
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Recycling
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Cable Television
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Appliance Replacement and Upkeep
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Snow Removal
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Lawn Care
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Exterior Building Maintenance (shingles, siding and windows)
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Interior Common Building Maintenance (cleaning and painting)
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Property Taxes
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Garage Maintenance
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Amenities
Community "Social Room" with serving kitchen for dining, parties and special events.
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Resident member committees and planned social activities
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Garden plots
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Guest room for overnight visitors
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Coin-free laundry rooms
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Daily U.S. mail pick-up and delivery service
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Separate storage space for each unit



