About River Park Townhouses

Our Cooperative is comprised of 200 units.  We underwent a major renovation project in 2005 to bring our property up to current standards.  Renovations included new doors, new windows, exterior siding, roofs, and interior flooring. The office and community clubhouse are located at 3999A Topping Ave. The clubhouse is available for rental by members for a small fee and security deposit.


River Park Townhouses has 120 - 2 bedroom units and 80 - 3 bedroom units.  The Cooperative has large clean trash dumpsters located conveniently throughout the complex. Paved sidewalks are located throughout the Cooperative. The public transportation route is nearby.  See our Photo Gallery for some nice views of our cooperative.

Property Stats

  1. -Established in 1968

  2. -Not for Profit Corporation

  3. -200 Total Units

  4. -2 & 3 bedrooms


Fast Facts

Location

3999A Topping Ave. Kansas City, MO 64129

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to meet the management team

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to view our photo gallery


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to view a current brochure


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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 River Park Townhouses 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 documents. 


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 enforce those standards through supervision of the on-site 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 household members.


Monthly carrying charges do not exceed the actual cost of owning and maintaining the property.  There is nothing added for profit.