Here is an affordable alternative to the high cost of real property. Lynnwood Arms Cooperative is a lovely 50+ community to call home. As a cooperative you are purchasing common stock and must be approved by the board. Cash purchases only. Units must be owner occupied. Rentals are not allowed. Reasonable monthly fee of $325 includes almost everything: Property taxes, maintenance of furnace and water heater, water, trash, sewer, exterior and grounds maintenance, insured structure, laundry facility, and