Live


LIVE AT APEX


COME OWN WITH US!

The Apex is conveniently located on First Avenue, just north of Pike Place Market. Close to buses, shopping, restaurants, pubs, museums, parks, ferries, and much more. Looking for responsible, trustworthy, friendly, and easy-going adults. Current residents include artists, musicians, longshoremen, writers, chefs, bakers, students, laborers, non-profiteers, professionals, etc. The Apex Belltown Co-op is an equal opportunity housing provider.

All new residents are selected by the current residents. All who live here chip in about 10 hours a month to participate in the upkeep of the cooperative through attending meetings, performing weekly housekeeping chores, and participating in our twice yearly co-op cleaning weekends.

WHAT WE LOOK FOR

The Apex Co-op is an affordable housing community where people must be able to live and work well with others. We look for people who are harmonious, have strong communication skills, and have had positive experiences with group living and conflict resolution. We want those who are able to contribute to the co-op and who will participate. Managing the co-op requires a variety of practical skills, talents, and aptitudes so we seek to have a diversity of skill sets among our members.

CRITICAL APPLICATION INFORMATION

# 2 Current Openings for October 1st #

We have a COVID--conscientious application process.

In-person, on-site tours required before application.


OUR PROCESS

After you attend an in-person tour (and afterward, submit an application), our membership will review all the submissions. A very small number will be invited to attend virtual social events to provide them an opportunity to get to know the membership. (We know it's not ideal, but we're all doing our best).

Interviews will be conducted in person, onsite in Seattle, by invitation.


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  • The Apex Belltown Co-op is a limited-equity housing cooperative. Members enjoy the benefits of ownership and shared living experiences at a reasonable price in downtown Seattle. The membership is responsible for all management and maintenance issues involved in building ownership. The responsibilities include committing a substantial amount of time and energy to meetings, weekly chores, special projects, and work parties. Just as important, members must be willing to deal forthrightly with and be tolerant of other Co-op members with respect to individual privacy and beliefs.


  • We are looking for members who will strengthen, enhance, and enjoy our Co-op, and be willing to commit themselves to living and working with us as members for a minimum of two years. Your application will help both you and us determine how you might fit into the community.
    Once we have received applications, we will review them and contact applicants at least one week before interviews are scheduled. Interviews will all be held on the same day with limited flexibility to reschedule. Applicants will be contacted whether their application is accepted or not.


Some things to know about Belltown and life at the Co-op:


It can be very noisy at night until quite late (our block includes several popular nightclubs). Apex rooms that face 1st Avenue (and other rooms to a lesser degree) experience this noise. There is no free parking within at least a mile; paid parking close to Apex is $150/mo. or more. For transparency, Belltown is an urban setting. There is drug use, car break-ins, houseless folks, etc. in the neighborhood.
The Co-op is pet friendly, and applicants should be comfortable living among pets. Our pet policy gets renegotiated periodically, and the community does its best to accommodate members with pet allergies.

There are also children who permanently and periodically live here, and applicants should be comfortable living among children.
The Co-op has regular bedbug inspections and two annual cleaning parties to keep the building free of pests.
The building is sturdy but old, and stuff sometimes breaks. The Co-op has systems in place for repairs, which can often take time.
Please take the above into consideration before submitting an application.


3rd Floor Lounge

Alley view of The Apex

GENERAL EXPECTATIONS

There are certain expectations of those people who choose to be members of the Apex Belltown Co-op, including the following:

· Actively participate as a member of the Apex community.

· Attend the General Membership Meeting on the 3rd Sunday of the month at 7 PM.

· Serve on the Apex Board of Directors at least once every three years.

· Actively participate in one of three committees: Building, Finance, or Membership.

· Attend your chosen committee's monthly meetings.

· Complete your assigned weekly chore by Sunday at 6 PM.

· Actively participate in upkeep of your kitchen, including agreed upon chores.

· Voluntarily participate in organized work projects.

· Take leadership when needed and act as a homeowner with the future of the Apex in mind.

· Respect fellow members at all times.

· Adhere to quiet hours after 10 PM on weeknights.

· Pay your carrying charge by the 5th of the month. (See Costs section below.)

· Purchase your membership share within seven months. (See Costs section below.)

· Personal commitment of at least two years residence and membership. (Training new members to effectively participate in management of the co-op takes time and effort, so we seek members who plan to stick around.)


FACILITIES

The co-op consists of two floors with 21 individual units:

3 singles (Zen units), approximately 110 sq. ft.

14 doubles, approximately 225 sq. ft.

4 triples, approximately 350 sq. ft.


10 units are on the second floor, 11 units are on the third floor.


Each unit has its own sink, intercom, and mailbox. Each member is assigned a kitchen with refrigerator, freezer, cupboard, and shelf space in one of the four kitchens. There are two kitchens per floor and one washer and dryer per floor.


Each floor has a community lounge. The lounges are where we have our social gatherings and meetings.


A community deck is located on the roof with a lovely view of Puget Sound and the Space Needle. On clear days, Mt. Rainier can be seen peeking over the city. There is space for communal gardening for members that are interested.

The co-op does not have any parking available. There is paid street parking, but the nearest free street parking about a mile away. Rental parking in the neighborhood is available, with costs upwards of $100 a month.

The only storage outside of individual units available is bike parking and a single small shelf for each of the Zen units. If you have furniture that you would like to donate to our common areas please consult with the membership before moving it in.

Shared common spaces summary: 4 kitchens, 8 bathrooms, 2 laundry closets, 2 lounges, and 1 rooftop deck.


COSTS

When you join the Apex, you must buy a share in the co-op. The share price is currently $3,006. Upon purchase of the share you become a part-owner of the co-op. If you move out, you must sell your share back to the membership at the share price as of your move out date.

Apex Co-op shares cannot be sold on the open market and their value is adjusted annually based on an inflation formula. To secure your membership, at least ¼ of the share price must be paid up front, currently $751.50. The remaining cost, currently $2,254.50, is payable over a seven month period.


In addition to the share price, members must pay a monthly carrying charge. This covers costs at the Apex such as utilities, building upkeep, and loan payments. The current carrying charge rates* are:

Single (Zen): $306/month

Double: $509/month

Triple: $689/month


*Regardless of room size, there is an additional monthly fee of 25% the cost of a Double (currently $127) per roommate.

Yes, this is quite a good deal! But what makes this good deal possible is the work the co-op members put into managing the property. Membership is, in effect, a part-time job, the pay for which is reduced living expenses.


APPLICATION PROCESS

If you’ve read over the website and feel suited to the work and fun of cooperative living, the process for joining the Apex is as follows:


1. We have 2 openings for October 1st. Be sure to schedule your in-person tour here:

https://doodle.com/poll/8czfwdyzp968fvrv?utm_source=poll&utm_medium=link

Please contact us at apexcoop@gmail.com with any questions. During the in-person tour you will learn more about how the Apex operates and have an opportunity to ask questions and tour the Apex.


2. After the in-person tour you will receive the application link; if you run into any problems or have questions you can shoot us an email at apexcoop@gmail.com


3. After reviewing applications, the membership will call selected applicants to schedule an interview.


4. Attend an interview with the Apex membership.


5. If approved for membership, your acceptance must be confirmed by a non-refundable deposit equal to one quarter of the share price (currently $751.50) to be paid within one week of acceptance.


LEAVING APEX

If you decide to leave the co-op, it is required that you give a minimum of 3 full calendar months notice. As a departing member you are responsible for the monthly carrying charges and chores for the duration of this notice. This long departure notice is necessary due to the time it takes to give prospective members tours and interview applicants. Your share price refund is calculated after those 3 full months have passed, pending the successful checkout of the room and kitchen space. Refunds are not given sooner than 90 days after posting to move out; your member balance is calculated the month after physically moving out and ending the 3-month notice requirement of your membership.

For example, a member giving notice before July 1st would be expected to continue their co-op duties until the end of September, regardless of when they physically move out. Their share price refund would be calculated during October, after their account balance has closed and their membership has officially ended.


SUBLETTING

Subletting is allowed, but not encouraged. We expect that every member will be a participating resident except for limited amounts of time. Subletters must be interviewed and approved by the membership and cannot assume responsibility for a member's obligations.

2nd Floor Lounge Kitchen


Eastern 2nd Floor Kitchen