New Devonshire is a 16-unit single-story garden-style community. This low-density community is situated on 1.13 acres with one of the largest open courtyards of any communities in the neighborhood. The community consists of a balanced unit mix of 8 one bedrooms and 8 two bedrooms all with front and back entrances and covered parking. These large single-story communities lead to better tenant attraction, retention, and higher rent premiums as compared to the standard high density two story properties. In addition, the bones of the property are ideal for apartment owner/operators with block construction, pitched roofs, individually metered with individual HVAC’s, and individual water heaters.
Representation – Buyer