CO-OP?WHY CHOOSE A
Why Choose a Co-Op? | Ph: 603.569.8485 | www.sugarhillrc.com
hen you’re just
coming onto the senior living
community scene, there are
plenty of options to consider.
To say the least, it is not a one size fits all purchase. It is very important to do your
homework and decide what
suits you best.
Woptions?
WHAT IS A CO-OP?
A co-op is otherwise known as a cooperative community. Unlike some other
retirement communities, the members of a co-op own the property. Each
resident is a shareholder in the corporation.
Becoming an owner consists of 2 simple steps: 1) Purchase your stock ownership. 2) Follow-up each month with a monthly payment.
Not only are co-ops more accessible financially, but they offer residents
equity in their home and shares of stock in their own corporation.
Sugar Hill Retirement Community is a co-op that offers unique advantages
to our residents. Aside from all of the perks of retiring in Wolfeboro and our
many amenities, the co-op structure allows us to offer real benefits to
retirees.
Why Choose a Co-Op? | Ph: 603.569.8485 | www.sugarhillrc.com
Why Choose a Co-Op? | Ph: 603.569.8485 | www.sugarhillrc.com
ECONOMIC BENEFITS WITH A RETIREMENT CO-OP
The financial advantages of selecting a co-op for your retirement plan are
one of the biggest draws: residents are shareholders and can actually profit.
Many residents choose co-ops for these financial benefits:• Tax breaks
• Affordable
• Limited liability
• Stable monthly payments
• Savings
• Profit potential
“Residents are also shareholders in the corporation.”
Residents are also shareholders in the corporation. This factor is a huge plus
for retirees considering a co-op.
Here’s why:
• Unlike most co-ops, Sugar Hill is operated as a for-profit business.
• With residents as shareholders and board members, there are no concerns over unnecessary or drastic hikes in price.
• When your neighbors sit on the board, you know you’ll be considered with every decision.
Why Choose a Co-Op? | Ph: 603.569.8485 | www.sugarhillrc.com
SEEKING SOCIAL OPPORTUNITIES?
Why Choose a Co-Op? | Ph: 603.569.8485 | www.sugarhillrc.com
Cooperative communities are great for older adults looking to transition to a
new home with friendly, involved neighbors. Community ownership inspires
folks to partake in the social scene.
Unlike many naturally occurring communities,
co-ops often include a diverse group of residents.
A diverse, inclusive community encourages growth
as residents experience retirement together.
Interacting with people of different cultures and
backgrounds may give you a completely
new perspective.
As an owner, you will have the opportunity to provide input in the social gatherings within the community.
PHYSICAL BENEFITS OF CO-OPS
Safety is a concern for many older adults. In a co-op, everyone has a stake
in the same property, and that means neighbors are constantly looking out
for one another and keeping a watchful eye for vandals, thieves, or other
troublesome situations. A cooperative community’s presence is enough to
reduce crime in the entire neighborhood.
Remember, the association is responsible for property upkeep. They’ll be more than happy to relieve you of duties like:• Mowing the lawn
• In-home repair
• General upkeep of common grounds
• Paying your bills like insurance, etc.
Why Choose a Co-Op? | Ph: 603.569.8485 | www.sugarhillrc.com
If you found yourself asking, “Why should I choose a co-op?”, now you know. A co-op is the perfect place for retirees
looking for a home that offers a variety of real benefits, including economic and financial stability.
For more information on
Sugar Hill Retirement Community and how we take care of our residents,
call us at (603) 569-8485.
FREE GUIDE!Want to discover what your costs of living at home vs. living in a retirement community really are? Get your cost of living comparison guide to determine what’s best for you.
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