Advenir Oakley Capital, a rental housing provider, has broken ground on a $78 million build-to-rent community, LEO Jamestown, in Greer.
The 296-unit development will encompass 34.9 acres on the northeast corner of South Main Street and Roscoe Drive and will feature a mix of one-, two- and three-bedroom cottages ranging from 882 to 1,510 square feet.
What is build-to-rent?
A build-to-rent home is one that has been built for the purpose of long-term rental. Unlike standard apartments and similar, multi-family structures, build-to-rent homes are specifically intended to be an ideal option for individuals searching for a long-term rental residence (so, several years or more vs. short-term leases).
-Wan Bridge, Texas-based build-to-rent company
At Greer’s LEO Jamestown, each residence will feature:
- Nine-to-15-foot ceilings
- Wood-grain flooring
- In-unit washers and dryers
- Smart home technology package
- Private backyards
- 24/7 on-call maintenance
- Optional enclosed garage parking
LEO Jamestown’s neighborhood amenities will include:
- Courtyards with pavilions and grill stations
- Central clubhouse with a resort-style pool
- State-of-the-art fitness center
- Dog park
- Valet trash
Rent for each unit ranges from $1,800 to $2,600 per month.
LEO Jamestown first units are scheduled to be complete by October 2023 and the development is expected to be fully constructed by December 2024.
For more information, visit adveniroakleycapital.com.