The build-to-rent (BTR) trend in Texas shows no sign of abating, and NexMetro Communities is leading the charge. Spacious single-family homes with no mortgage are still sought after.
NexMetro’s Steve Fritzer adds, “We continue to see considerable demand in submarkets across Dallas and Fort Worth for our best-of-both-worlds lifestyle offering. Our goal is to create great places for people to live and be a point of pride for the surrounding neighborhoods.”
Avilla Boat Club, a 107-home gated luxury rental home neighborhood opening in late 2023, is the company’s 15th Avilla community in the Fort Worth market and located just 25 minutes from downtown. Within the last month, NexMetro closed escrow on two additional sites in Anna and Cleburne that are slated to open for leasing in late 2024.
Nearly 3,000 1, 2 and 3-bedroom Avilla homes have been built or are under construction in submarkets across the metroplex. Models at Avilla Boat Club will be available for tours beginning in late 2023.
Connect Texas Multifamily 2023 will take place on Aug. 22, 2023 at Virgin Hotel in Dallas. Click here for more information and to register.
Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.