Image courtesy of Mark-Taylor Residential
By Radu Corfus | Multi-Housing News
WestStone Group has opened Cottages at McDowell, a 219-unit single-family rental community in Avondale, Ariz., that will be managed by Mark-Taylor Residential. According to Yardi Matrix data, the developer took out a $45.5 million loan from PenCor Capital in 2021 to finance the construction of the project.
The 19-acre community comprises one- and two-bedroom floorplans ranging from 641 to 997 square feet. Homes feature 9-foot ceilings, in-unit washers and dryers, walk-in closets and smart home packages, along with private fenced backyards. Common-area amenities include a fitness center, swimming pool, spa area and grilling stations.
