ATLANTA, Jan. 20, 2022 /PRNewswire/ -- Quinn Residences
("Quinn"), a leading Atlanta-based
owner and operator of newly built single-family rental communities
today announced the acquisition of six additional properties
throughout Georgia, Florida and the Carolinas. These future
communities, which will be built expressly for Quinn by
best-in-class local development partners, will increase Quinn's
portfolio by more than 50%, to nearly 2,300 homes across 17
sites.
"The addition of these six communities supports our strategy of
expansion by creating new communities of high-quality, thoughtfully
designed homes at reasonable price points in some of America's
fastest growing housing markets," said Richard Ross, Chief Executive Officer of Quinn
Residences. "We are excited to continue our strong growth
trajectory, welcome new residents to the Quinn family and help
address the urgent need for additional housing supply in the
regions we operate in."
Georgia
Quinn remains focused on Atlanta's attractive real estate market and is
expanding its presence in the area with the acquisition of three
new communities that were developed for Quinn: Vista Lakes in
Dallas, Towns on Church in
Decatur, and Winder Retreat in
Winder.
Vista Lakes will consist of spacious 52 three- and four-bedroom
single-family homes with access to resort-style amenities. First
homes will be available in June of 2022. Towns on Church is located
just two-miles west of I-285, which provides quick access to
Midtown Atlanta, the largest employment hub in the area. Towns on
Church will total 45 three- and four-bedroom multi-story townhomes
and is scheduled to deliver first homes by the end of 2022. Winder
Retreat is well positioned between Atlanta and Athens,
GA, which is known for being the home to the University of Georgia. Winder Retreat will add 232
three and four-bedroom homes averaging 2,000 square feet and will
be ready for occupancy in the first quarter of 2023.
Florida
Eleven Oaks in Eustis is
located north of Orlando, one of
the top markets in Florida. This
mixed build-for-rent community will consist of 35 three-bedroom
two-bathroom single-family detached houses and 34 two- and
three-bedroom townhomes ranging from 1,335 to 1,650 square feet.
Eleven Oaks will be completed in June of 2022.
Carolinas
Ashcroft at Colonel Creek in Columbia, located only 16 miles northeast of
Downtown Columbia and the
University of South Carolina, will
consist of 251 residences: 199 three- and four-bedroom townhomes
and 52 three-bedroom single-family homes. Ashcroft will be
delivered in the third quarter of 2022.
Isabella Courts, located in the
rapidly growing town of Leland,
sits just a few miles from area beaches and close to downtown
Wilmington, one of North Carolina's most accessible coastal
destinations. Isabella Courts will
include 169 three- and four-bedroom homes and will be available in
the first quarter of 2023.
About Quinn Residences
Quinn Residences is a privately
held real estate operating company focused on acquiring,
developing, and operating newly built, single-family rental
communities located primarily in the Southeastern United States. Quinn develops
exceptional neighborhoods believing that better living starts with
a great neighborhood, fantastic amenities, and a no-maintenance way
of life. For more information, visit https://live-quinn.com/, call
866-784-6673 (866- QUINNRE), or email info@live-quinn.com.
Media Contact:
Addy Canavan
acanavan@thewilbertgroup.com
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SOURCE Quinn Residences