Quinn Residences triples portfolio in a year
“Our trajectory in the Southeast continues to grow as Quinn expands in its existing territories and enters a new one,” Ross said. “The housing market is experiencing unprecedented low inventory, and our goal is to provide even more reasonably priced options for residents in these high-demand markets. Whether it’s someone relocating to the south or looking for a maintenance-free way of living, our build-for-rent homes provide the flexibility and inventory to an industry in need.”
Entering Tennessee, the Atlanta-based owner and operator acquired The Guild in Chattanooga – a community of 92 two-, three- and four-bedroom homes set for completion by Q3 2022.
Quinn also purchased Towns at Lake Nona in St. Cloud, Florida; Moccasin Wallow in Bradenton, Tampa; Dorchester Place in Covington, Georgia; and Stephens Farm in Holly Springs, North Carolina.
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The Florida and Tampa properties will consist of 94 and 260 homes, respectively, with first deliveries scheduled by the end of 2022. Dorchester Place will feature 82 sizable fenced-in detached homes of 2,550 square feet, which will be ready for occupancy around the same time.
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