Vermont Real Estate Co-op - Expression of Interest in Membership
The goal of the Vermont Real Estate Co-op is to purchase commercial and residential properties and rent them out, preferentially to other co-ops. We are a member-owned and -controlled business that offers:
- For our community: Sustainable local ownership of real estate that builds community wealth.
- For tenants: Reasonable, stable rents and a way to share in any surplus.
- For member-owners: A values-based investment, a vote in key decisions, and the opportunity to help shape the direction of the business.
- A way to support the solidarity economy: part of our mission is to rent to co-ops, collectives, and similar social enterprises.

We are raising capital for our first purchase: a commercial condo within the "Bus Barns" complex at 331 North Winooski Avenue in Burlington that is currently occupied by Good News Garage. We aim to close on this property in early 2021 and continue to look for other real estate opportunities in the greater Burlington area.

See our website at https://vrec.coop/ for more details and to learn about future projects.

The minimum membership investment in a member share is $1,000. Members are encouraged to invest a greater sum if they can.
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Name *
Email Address *
Phone #
State of Residence *
How much are you potentially interested in investing in the co-op ($1,000 minimum) *
The return on members' investment is not guaranteed. We are aiming for an annual dividend in the 4-6% range after the first year of operation. See the website for more on the potential return and potential risks.
What skills do you have that might be useful to the co-op?
Do you know anyone else that may be interested?
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