NexMetro Communities, a leading Phoenix-based developer of luxury leased-home neighborhoods, continues to cement its footprint as the national leader of innovative single-family rental homes by adding new communities in the East and West Valley.
Avilla Enclave, a 96-home neighborhood in Mesa, and Avilla Lago, a 120-home neighborhood in Peoria, are two of six new communities planned for 2021 in the greater Phoenix-area. Tours are now being offered at each of the communities, which provide renters with the lifestyle of a new home with the carefree maintenance of a lease.
“The single-family rental home category has experienced exponential demand from individuals and families preferring the ease that a rental lifestyle brings, especially in the Valley,” said Brian Rosenbaum, executive managing director of NexMetro Communities’ Phoenix Division. “As solid job and income growth, household growth and supply demand and high occupancy rates continue to remain strong; we anticipate this housing trend will remain especially robust, especially as house prices skyrocket in one of the hottest real estate market in the nation.”
NexMetro has built 11 Avilla Homes neighborhoods in greater Phoenix, representing more than 30 homes completed or currently under construction throughout the United States. Rosenbaum said NexMetro’s plans include adding four additional neighborhoods in the greater metropolitan area this year with an eye to future communities as the company continues to respond to the strong demand for single-family rental neighborhoods.
With the build-to-rent concept growing nationwide faster than any other type of real estate, the demand for this lifestyle far exceeds the current supply, driving NexMetro Communities to introduce these sophisticated neighborhoods at a steady pace. Additionally, as social distancing and stay-at-home lifestyles have become the norm, consumers have identified single-family rental with less dense, more spacious single-family living as a better option compared to conventional apartments.
Avilla neighborhoods feature detached, single-level homes with private backyards and front entries available in one-, two- and three-bedroom spacious floorplans. With modern conveniences incorporated, every home will include stylish and design accents, including high ceilings, granite countertops, stainless steel appliances, a full-size washer and dryer, and hard-surface flooring throughout. The communities are gated and offer garages, covered parking areas, and amenities such as a resort-style pool and spa, outdoor grills, lounge areas, dog park, walking areas, and open space.
With more than $1 billion invested in the Phoenix, Dallas, Denver, and Central Florida markets, NexMetro’s continued growth is a testament to its strategic nationwide expansion plans that speak directly to lifestyle-conscious consumers from all walks of life who would rather lease than own a home.
Floorplans and additional details are available by visiting Avilla Homes at avillahomes.com.