Covey Homes by MORE Expands Rental Offerings with New Acquisition
Covey Homes by MORE Expands Single-Family Rental Portfolio
MORE Residential is making strides in the single-family rental sector, with Covey Homes by MORE announcing a significant new acquisition. The company has acquired a well-planned, single-family home rental community aimed at addressing the increasing demand for quality housing in modern neighborhoods.
Details on the New Rental Community
The newly acquired community will be branded as Covey Homes Tallahassee. This property, which includes 182 thoughtfully designed single-story homes, is set to become a sought-after rental destination. Each home comes equipped with essential amenities such as attached garages, private patios, and front porches, providing residents with comfort and convenience.
Modern Amenities for Residents
The homes within Covey Homes Tallahassee boast energy-efficient stainless-steel appliances and designer lighting, ensuring both style and efficiency. With additional amenities planned, residents can look forward to enhanced outdoor spaces, including a grilling station and new dining areas near the community pool.
Strategic Location Benefits
This community, situated on the east side of Tallahassee, is conveniently located close to key landmarks, making it an attractive option for renters. Its proximity to essential services and local attractions positions it as a desirable living choice in a city that has seen remarkable population growth.
Community Growth and Market Insights
As many regions in the U.S. experience population increases, the demand for high-quality rental options continues to rise. Covey Homes by MORE is strategically tapping into this market trend, particularly in areas like Tallahassee, which has shown a promising economic and demographic outlook.
Expanding Covey Homes Portfolio
With this latest addition, Covey Homes by MORE now operates 34 newly built rental communities, totaling over 5,000 homes, predominantly situated in the Sunbelt region. This acquisition highlights Covey Homes' commitment to addressing the growing housing shortages across the country.
About Covey Homes by MORE
Launched in 2023 as part of a partnership with an established investment firm, Covey Homes brings a wealth of experience in property management and residential rentals. This combined expertise ensures that the company can effectively design and maintain communities that meet modern renters' needs.
Vision for Future Housing Solutions
Emphasizing their commitment to quality housing, MORE Residential executives have shared their vision for creating high-quality, attainable living spaces. The approach of focusing on newly built, single-family homes assists in providing diverse rental options and contributes positively to local communities.
Conclusion
As Covey Homes by MORE continues its upward trajectory in the rental market, it proves itself as a key player in providing effective housing solutions for families and individuals looking to rent in high-demand areas.
Frequently Asked Questions
What is Covey Homes by MORE?
Covey Homes by MORE is a residential rental brand focusing on single-family homes, emphasizing modern designs and efficient living spaces.
Where is the new rental community located?
The new community, Covey Homes Tallahassee, is located on the east side of Tallahassee, Florida, near March Road.
What amenities are available in the new homes?
Each home features energy-efficient appliances, private patios, front porches, and future amenities like a grilling station and enhanced pool area.
How many homes does Covey Homes operate?
Covey Homes by MORE now owns and operates 34 communities, totaling over 5,000 newly built homes across the Sunbelt region.
What is the vision of MORE Residential?
MORE Residential aims to provide high-quality housing solutions by developing newly built, single-family rental homes in growth-focused communities across the U.S.
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