PHOENIX, AZ (Sep 12, 2017)

Avilla Meadows - NexMetro Communities Closes On 10.8-Acre Site In Surprise
127 Maintenance-Free, Detached Luxury Leased Homes Adds to Avilla Portfolio

A new maintenance-free, detached luxury leased community is coming to the city of Surprise as NexMetro Communities closes on a 10.8-acre parcel of land located on the northeast corner of Reems and Waddell roads. With the closing in late August, the pioneer of next-generation, leased-home neighborhoods announced the location will be the site of Avilla Meadows, which will consist of 127 single-family homes.

Avilla Meadows will meet the growing demand among "lifestyle renters" in Surprise looking for a luxury leased home lifestyle. NexMetro Communities is the leading developer of these innovative neighborhoods, which deliver a new home experience without the burdens of homeownership to lifestyle-conscious consumers. Avilla Meadows site construction will begin in January 2018.

"NexMetro has long identified the city of Surprise as an ideal location for an Avilla Homes neighborhood. We are excited to offer the Avilla luxury leased lifestyle and new housing option to consumers in this area," said Josh Hartmann, President, and COO of Arizona-based NexMetro Communities, which has been developing Avilla Home neighborhoods in the sunbelt since 2010.

Surprise is an established and growing community, especially among people looking for an upscale home experience without the obstacles that homeownership brings, Hartmann said. Avilla Meadows will provide a new living option for lifestyle renters in a thriving part of the Valley, which offers abundant shopping, restaurants and entertainment opportunities. The community will have convenient access to the Valley's major transportation corridors.

With construction expected to begin in early 2018 and leasing projected to begin in late fall that same year, Avilla Meadows will include single-family, leased homes, with one-, two- and three-bedroom options. In addition to the homes themselves, the community will include hallmark Avilla amenities, including a pool, hot tub, sundeck, and fire pit. Residents will also have plentiful gathering spots throughout the community, such as a barbecue and seating area, game area, hammock lounge area, community lawn, tot-lot playground, and dog park with dog wash area.

"Surprise is the perfect strategic location for NexMetro's Avilla Meadows neighborhood. It enables the company to bring its unique offering of luxury leased homes to one of the most rapidly expanding submarkets in the Valley," said Bret Rinehart, an agent of Land Advisors Organization, which represented NexMetro Communities in the purchase of the property.

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 Meadows 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 quartz and 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 Avilla Meadows luxury leased homes will be released prior to opening in 2018. Floor plans and additional details are available by visiting the Avilla Homes at avillahomes.com or contacting a leasing agent.

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.

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.

Visit NexMetro's Website