BELLEVUE, Wash. and
CALABASAS, Calif., May 11, 2021 /PRNewswire/
-- Puget Sound commercial and residential real estate
developer Oakpointe Communities (Oakpointe) and American Homes
4 Rent (AH4R / NYSE: AMH) announced today that AH4R is opening a
single-family rental home community in the Ten Trails master
planned community in Black Diamond,
Washington.
"Our vision for Ten Trails has always been to create a community
where residents want to live, explore and relax in southeast
King County, and offering
single-family rental homes is a big part of making that a reality,"
said Brian Ross, CEO of Oakpointe.
"These new homes will allow more families to experience the great
quality of life that Ten Trails can offer."
The new AH4R community is the company's 70th new rental home
community nationally and the seventh in the Seattle market.
American Homes 4 Rent's 61 single-family rental homes within the
Ten Trails community are located at the intersection of Pine Avenue
SE and Willow Road SE, which is one of the neighborhood's primary
streets. The three- and four-bedroom homes range in size from
approximately 1,400 to 1,800 square feet and feature high-end
finishes, granite countertops, stainless steel appliances, luxury
vinyl plank flooring, open-concept floor plans, central heating,
two-car garages and the added benefits of lawn care and
pet-friendly fenced yards.
"We are proud to partner with Oakpointe as we bring an
innovative new community to Ten Trails and expand our presence in
the greater Seattle area," said
Zack Johnson, Executive Vice
President of Acquisitions & Development for AH4R. "AH4R
continues to attract the attention of real estate development
companies that recognize the benefits of incorporating a
single-family rental home community in their master planned
community."
The offering from American Homes 4 Rent is the first
single-family homes for rent at Ten Trails.
Construction on the fast-growing community of Ten Trails began
in 2017, and the community is now welcoming new families all the
time. The master planned community features a variety of home
styles, parks, trails, a future retail center and more. It will
eventually offer 4,800 residences and more than 1.2 million square
feet of commercial office and retail space — all commuting distance
from downtown Seattle.
Visit ah4rc.com/tentrails or call (206) 686-3177 to
learn more about floorplans, pricing and availability of homes from
American Homes 4 Rent.
About Oakpointe Communities
Oakpointe Communities is one of the Pacific Northwest's premier
land and commercial development companies. Together with a team of
the areas most respected homebuilding professionals, it has built
many of the best places to live in the Puget Sound region.
Oakpointe's expertise, combined with innovative home design, allows
it to create communities that bring neighbors together. Learn more
about Oakpointe Communities by visiting
www.oakpointe.com.
About American Homes 4 Rent
American Homes 4 Rent (NYSE: AMH) is a leader in the single-family
home rental industry and "American Homes 4 Rent" is fast becoming a
nationally recognized brand for rental homes, known for
high-quality, good value and tenant satisfaction. We are an
internally managed Maryland real
estate investment trust, or REIT, focused on acquiring, developing,
renovating, leasing, and operating attractive, single-family homes
as rental properties. As of March 31, 2021, we owned 53,984
single-family properties in selected submarkets in 22 states.
For media inquiries, please contact:
Aaron Blank/Nikki Arnone, Fearey for Oakpointe
(206) 343-1543, oakpointe@feareygroup.com
Megan Grabos for American Homes 4
Rent
(805) 413-5088, media@ah4r.com
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SOURCE American Homes 4 Rent