Over 1000 Build-to-Rent Homes Coming to Metro Phoenix

As mortgage rates rise, more people are renting, fueling growth in Arizona’s build-to-rent sector. Modus Cos plans to invest $425 million in constructing 1,030 units across the metro area, including complexes in Buckeye, Casa Grande, and Scottsdale. These communities will offer amenities like a clubhouse, fitness center, pool, dog park, and electric car chargers, and are designed as Zero Energy Ready Homes, promising renters significant utility bill savings.


Source: https://www.bizjournals.com/phoenix/news/2024/04/22/modus-cos-to-add-1k-btr-units-to-metro-phoenix.html

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