Highleah Townhouses

 
 


Property Stats

  1. -Established in 1967

  2. -Not for Profit Corporation

  3. -330 Total Units

  4. -12 one bedroom units

  5. -140 two bedroom units

  6. -178 three bedroom units



Location

2001 Pembroke Crescent West

Independence, MO 64057





Fast Facts

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Highleah is located 1/2 mile east of the intersection of 23rd Street and MO Highway 291 in Independence, Missouri.  The west entrance to the property is directly off Swope Drive, while the east entrance can be accessed from 23rd Street.  Our 330 townhouses are comprised of one, two and three bedroom units, all of which are in duplex or fourplex buildings.  Each townhouse has designated parking right in front or very near your front door.  Guest parking is also available throughout the complex.


The clubhouse is located in the main office building and is available for rent by the members at a nominal fee.  We have just completed our renovation project with interior upgrades to the kitchens and baths as well as exterior renovations such as new mansard shingles, window trim and gutters.

About Highleah Townhouses

 

About Cooperatives

 

A housing cooperative is a corporation owned and governed by the people who live there.  When you move in to a cooperative, you become a member of a community and a shareholder in a corporation.  Each member of Highleah Townhouses, Inc. has an equal vote in the cooperative corporation, which holds title to the property.  A Board of Directors is elected by the members of the cooperative.  The Board establishes standards to keep the community a pleasant place to live, and sets down those standards in the Rules & Regulations document. 


Membership is 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.  There is nothing added for profit.