ABOUT SUNRISE WEST, INC.
MISSION STATEMENT
Sunrise West recognizes the desire for seniors to maintain an extended period of independent living by providing alternative housing in the community.
DESCRIPTION OF SUNRISE WEST
55+ independent housing community
Sunrise West is a community of homes formed under Iowa law to provide independent living for persons aged 55 and older in affordable, attractive homes. Sunrise West is located in an urban setting close to stores, churches, and other facilities desired by older citizens. Many services suitable for independent living are offered as well.
The physical property of Sunrise West (approximately 24.5 acres) is located south of Messiah Evangelical Lutheran Church and north of Mason Road. It is accessible from Mason Road via Cambridge Drive and also from Hageman Avenue via Gilbert Street to Erickson Lane.
Financial Requirements
Monthly Fee includes:
- Utilities
- Property Taxes
- Maintenance
- Dwelling Insurance
- Snow Removal
- Lawn Care
- Independent living
- Partnership
The cost of a home in Sunrise West varies according to the size of the home, its floor plan, and options selected. Buyers are expected to have the purchase price available for payment in full by the end of construction on a new home, or at the closing of the sale when purchasing an existing home.
Residents pay a monthly fee as determined by the Board of Directors which pays for many basic services and expenses to provide for comfortable, independent living at Sunrise West.
Ownership + Equity
Enjoy 85% equity in your home.
Close in 48 hours.
Sunrise West, Inc. is the owner of record of the land and the buildings, as the deed holder, in the Sunrise West development. Residents have 85% equity in their home. When a home is sold or transferred from the name of the resident, the resident or his or her heirs or beneficiaries are entitled to an 85% interest in the sale price, if sold, or in the home's fair market value, if transferred and not sold, minus costs, of the sale or transfer. This includes all transfers, including those made by gift, through inheritance, under a Will, by an interstate proceeding, or through a trust.