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morningstar-ken-cdp“All the maintenance is all taken care of. I don’t even have to change a lightbulb.” (Cottage resident)

Consider a new adventure in The Cottages at Dayton Place, a MorningStar community for independent seniors in Denver.

Opened in 2009, our 41 beautiful, maintenance-free homes within their own private neighborhood offer incomparable value, which you will readily discover upon examining our fees alongside other active adult communities. They are available for lifetime lease (95% refundable entrance fee) or monthly rental.

The Cottages at Dayton Place will enrich your life with resort-style amenities and vital community life, most within our gorgeous Clubhouse.

 

Lavish clubhouse, centrally located in the community:
• Bistro
• Continental Breakfast
• Meals Available (for an additional fee)
• Secure Key-card Access
• Indoor Pool with Lounge Areas
• Whirlpool Spa
• Fitness Center
• Billiards Room
• Game Tables
• Social and Activity Room
• Catering Kitchen
• Fireside Library
• 62″ Flat Screen Television
• Wii Gaming System
• Outdoor Putting Green
• Private Patio with Gas Grill
• Strolling Paths

 

FAQs
Am I renting or buying my cottage?
A: Your refundable entrance deposit gives you the lifetime lease on the cottage. You may choose to move out of your cottage at any time with a 90-day notice.

Q: Who is qualified to become a resident at the Cottages?
A: At least one resident of the cottage must be 55 years or older and able to live independently.

Q: Will I be responsible for resale?
A: No. We handle all aspects of reselling the cottage home. You do not pay any realtor commissions, home inspection fees, repair costs, title insurance or marketing costs. A big savings for you.

Q: How much of my entrance fee is refunded?
A: 95% of your entry fee is refunded within 45 days after we release your cottage.

Q: Will the cost of my monthly service fee rise?
A: Yearly adjustments will be nominal with a maximum increase of 7%. These adjustments will reflect the current cost of labor, energy and food.

Q: What levels of supportive care do you offer?
A: We share a campus with MorningStar at Dayton Place, which offers independent, assisted and memory care living options. The residents of The Cottages will have priority access to these higher levels of care.

Q: Are you pet friendly?
A: Definitely. Certain animals and breeds are subject to management discretion, however.

Q: Can I customize my home?
A: Yes, we encourage you to personalize your cottage. A simple Alteration Request Form is all that’s needed for approval. Any customizations you make will be at your expense.

Q: What programs and activities are offered?
A: A variety of programs, including social, fitness, enrichment and recreational. The activities at The Cottages will be centered around the interests, desires and hobbies of our residents—another personalized service of our community.

Q: Are there any other fees beside the Entrance Deposit and Monthly Service Fee?
A: We have several meal options available for additional fees. Please ask for more information.

Q: Is transportation service available?
A: Yes. For community-sponsored events, transportation is free. Personal transportation is provided, based on availability, for an additional charge.

Q: Can I leave my cottage for an extended time unattended?
A: Absolutely. Don’t hesitate to travel, knowing we will keep a close eye on your cottage in your absence. We’ll even water your plants!

 

Is This a Safe Investment?

Your refundable entrance deposit entitles you to the lifetime lease on your private cottage. In our stress-free community, you are not responsible for maintenance, replacements, upgrades, homeowner’s insurance or property tax.

Best of all, we take on the burden of reselling the cottage for you. That means you do not pay any of these costly real estate expenses: realtor commissions, repair fees, appraisal and inspection fees, and title insurance. And, with our monthly service fee, virtually all your living expenses are controlled. Finally, predictable budgeting.

The Cottages are fully financed by Health Care REIT, an enterprise with $6.3 billion in real estate investments and a 39-year history. (A REIT is a real estate investment trust.)

Health Care REIT invests across the spectrum of senior housing and health care real estate, including active adult, independent, assisted, memory care and skilled nursing. Learn more about them under HCN on the NY Stock Exchange, or ask us for additional information

The Cottages at Dayton Place were developed, and are managed, by MorningStar Senior Living, LLC. The leadership of this Colorado-born company has served seniors for more than 20 years.