AVILLA CAMELBACK RANCH REPRESENTS 12th COMPANY ACQUISITION

Pioneer of Innovative Housing Option Prepares to Start Construction on 127 Single-Family Maintenance-Free, Detached Luxury Leased Home Neighborhood

Sept. 5, 2017 (PHOENIX) —Phoenix-based NexMetro Communities, the pioneer of next-generation, leased-home neighborhoods, has acquired a 12.26-acre parcel of land located on the southwest corner of 107th Avenue and Camelback Road in Phoenix. Avilla Camelback Ranch represents the 0th Avilla luxury leased home neighborhood in the Valley, meeting the growing demand of lifestyle-consious consumers seeking a new home experience without the burdens of home ownership.

“West Phoenix has experienced a significant resurgence,  but new housing options within the corridor have lagged, especially for people looking for a more upscale leased home experience,” said Josh Hartmann, President and COO of Arizona-based NexMetro  Communities, which has been developing Avilla Home neighborhoods in the sunbelt since 2010. “Avilla Camelback Ranch will offer an outstanding housing  option for these lifestyle renters in the heart of a rich live-work-play area of the Valley.”

With construction expected to begin in the fall and leasing slated to open in mid 2018, Avilla Camelback Ranch will consist of 127 single-family, leased homes, with one, two and three-bedroom options. Just 20 minutes west of downtown Phoenix, this unique community will feature hallmark Avilla Homes amenities including a pool, hot tub, sun deck, dog park, and centralized passive recreation space.

Located within walking distance of the spring training facility for the Los Angeles Dodgers and the Chicago White Sox, Avilla Camelback Ranch is close to the Loop 101, and within walking distance of a 15-acre City of Phoenix park immediately east of the community.

“This great location provides an outstanding opportunity for Avilla Homes’ residents to live in a unique new community with easy access to the Westgate Entertainment District, Camelback Ranch Stadium and the high quality employment centers developing along Loop 101,” said Phil Clark of Phil Clark Land, LLC located in Glendale, who brokered the purchase on behalf of NexMetro.

In the highly competitive rental market, Avilla Homes has established itself as the gold standard for delivering a true luxury new home experience. In the Valley alone, NexMetro has nearly 1,500 units either built, under construction or in pre-development, with new communities also in the Dallas and Denver markets. The pace of development is a testament to the demand for high-quality homes located in gated enclaves that put privacy, quality, and convenience at the forefront, without long-term commitments, financial burdens and maintenance hassles.

Avilla Homes are known for their upscale features. Avilla Camelback Ranch will deliver smart design, advanced technology, energy efficiency and distinctive architecture as driving forces.  With one-, two- and three-bedroom floor plans, the homes are modern and stylish, with open and spacious floor plans, private entrances, outdoor patios and backyards. All of the floor plans boast 10’ ceilings, allowing an abundance of natural light, and feature high-end finishes including granite countertops, stainless steel appliances, full size washer and dryers and even a charging station for electric vehicles. Additionally, Avilla Homes are pet-friendly and offer reserved covered parking and optional garages, plus the perks of neighborhood living, complete with a resort-style pool and beautifully landscaped recreation areas, all maintained by a professional management company, without mortgage payments or HOA fees.

Priced competitively with surrounding A-class apartments, the rental rates for these luxury leased-homes will be released soon to the public. Floor plans and additional details are available by visiting the Avilla Homes at avillahomes.com or contacting a leasing agent at (480) 272-6960.

About Avilla Homes

A truly unique alternative to the typical rental experience, Avilla Homes neighborhoods feature single level, detached homes for lease in a gated enclave. The one, two and three-bedroom floor plans feature private entrances, outdoor patios and backyards, along with high-end finishes such as 10’ ceilings, granite/quartz countertops, stainless steel appliances and more. The pet friendly communities offer the perks of neighborhood living with optional garages, resort-style pool, beautifully landscaped recreation areas, and even an electric car charging station – all maintained by a professional management company, without mortgage payments or HOA fees. To learn more about Avilla Homes visit www.avillahomes.com or connect via Facebook  and Twitter

About NexMetro

NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other. For more information on NexMetro, visit www.nexmetro.com.

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