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MODRN Living’s recently launched housing development in Placida offers 350 single-family rental homes, with both 3-bedroom and 4-bedroom options now available. Houses feature ultra-modern designs and durable materials, and a key goal is to ensure that rental prices full within the budget of average families.
More details can be found at https://modrnliving.com
A fully integrated development, construction, property management, and property ownership company, MODRN Living has taken a unique new build-to-rent approach for the Placida project. By reducing inefficiency in the construction and management process, the firm aims to achieve high-quality rental homes to address America’s workforce housing crisis.
“MODRN Living intends for its homes to have a very efficient layout, generally with 2-4 bedrooms, 2-2.5 bathrooms, a garage, and a functional yard or roof deck, all in approximately 1,600 - 1,900 sq ft,” a company representative explained. “Our first development is well located in Placida and centralized to grocery, restaurants, retail, beaches, public marinas, barrier islands, golf courses, commercial development, and other needs typical of renters.”
A record high of 12.1 million renters spend more than 50% of their income on housing and utilities, according to a recent report from Harvard University’s Joint Center for Housing Studies. The lack of available housing was identified as one of the key factors driving up both house rental and house sale prices.
With the launch of the new Placida development, MODRN Living aims to supply 350 new single-family homes to the local market, which includes surrounding communities, such as Port Charlotte, Rotonda West, North Port, and Fort Meyers. The project is the first of several planned across Florida.
About MODRN Living
With a combination of investment, real estate, and construction, MDRN Living’s leadership team is well placed to drive the unique build-to-rent program the firm has now embarked on. The recent completion of the Placida project is a vindication of this new approach to the creation of affordable and modern rental housing.
“Our mission is to build modern, design- and function-forward, high-tech homes in markets in dire need of additional, workforce housing,” the company continued. “MODRN Living’s core management, acquisition, development, construction, and asset management team has a combined approximately 250 years of experience investing in and developing for-rent-housing nationally.”
Interested parties can find more information by visiting https://modrnliving.com well-placed
Contact Info:
Name: Emma Fuller
Email: Send Email
Organization: Modrn Living
Address: 700 South Rosemary Avenue Suite 204, West Palm Beach, Florida 33401, United States
Phone: +1-917-496-9509
Website: https://modrnliving.com
Release ID: 89139706