Fee Guide The Reserve at Water Tower Village

Welcome to The Reserve at Water Tower Village! We prioritize transparency about the fees you may encounter as a resident to help you choose a home that fits your budget. Below, you'll find a clear list of initial and monthly costs that are in addition to the base rent. Our goal is to make your living experience enjoyable and financially manageable. Please review these fees to understand your potential financial commitments fully.

These fees are typically due at the time of move-in or as part of the initial leasing process
Application Fee $63.50 Application Fee
+$4.65 Convenience fee
Security Deposit $400, $800, or Equivalent to one months rent
(refundable)
First Month's Rent Base rent amount
(lease holder portion of base rent)
Admin Fee 300 Per Unit
non-refundable
Holding Fee $135 One Bedroom & $175 Two Bedroom
Refundable up to 72 hours after being placed
Pet Fees $35 Per House hold
Non-refundable, billed monthly
Pet Deposit $300 Per House hold
Refundable
Utility Billing Fee $10 One-time Utility Transfer Fee
Billed through UBWest

These are recurring fees that will be part of your regular payments each month. Some may be paid with rent while others could be paid directly to the utility provider or outside third party
Base Rent Your rent amount
Water Based off of square footage and number of occupants
Billed through UBWest
Sewer Based off of square footage and number of occupants
Billed through UBWest
Trash Based off of square footage and number of occupants
Billed through UBWest
Hot Water Usage Based on formula; ratio billing and usage
(if applicable, billed by 3rd party)
Electric Through Personal Xcel Energy account
Billed directly through Xcel Energy
Gas Based off of square footage and number of occupants
Billed through UBWest
Utility Fee $7.69 Service fee
Billed monthly through Domuso
Pest Control Fee $10 Per Unit
Billed by UBWest
CAM Fee Based off of square footage and number of occupants
Billed by UBWest
Pet Rent/Fee $35 Per household
Paid Monthly
Real Estate Tax $8.00 Per Unit
Billed through UBWest
Storage Rent/Fee $20 Per Storage unit
Paid to Property
Damage Waiver (in lieu of renter's insurance) $14 Liability waiver
Applied if Insurance has expired, or was not given to office.
Open lot parking fee $10 Per Lease Holder
Paid through Park M
Note: Some regular, required monthly charges such as utilities may be based upon actual usage and/or seasonal variable rates and will vary from month to month.

These are optional fees you may choose to add to your lease.
Additional Parking Space $10 Per lease holder $25 per extra vehicle
Storage Fee $20 Monthly cost
Per Request
Upgraded Unit Features $60 Washer/Dryer Fee for Units with WD
How to Budget Your Monthly Costs

To calculate your estimated monthly cost, simply:

  1. Add your Base Rent to the required fees listed above.
  2. Choose any Optional Costs that you may wish to add.
  3. The total will be your monthly fixed cost.

Note: Some charges vary and are not a fixed amount.

Domuso Free ACH $0 Per Transaction
Credit Card (Visa, Mastercard, Discover) 3.25% - Per Transaction
+ Convenience Fee of $2.95 Per Transaction
Certified Payments $3.99 Per Transaction
(Domuso Certified)
MoneyGram $3.95 Per Transaction
(Up to $6,500)

Late Fees 5% of your billed monthly rent
Posts on the 9th of each month
Month to Month Fees $300 per month
Short Term Rental Fee $200 per month
Transfer Fee $300-$500/One-time Per Occurrence
Depends on how length of residency
Attorney Fees $300-$500/Per Occurrence
Prices may Vary
Lease Cancellation Fee Check lease for specific costs
Cleaning and Damage Fees Varies