NexMetro to open Phoenix BTR

By Claudiu Tiganescu | Multi Housing News

NexMetro will officially open Avilla Western Garden this month. This build-to-rent community consists of 195 homes in Phoenix. Trez Capital issued a $47.4 million construction loan in May 2024, Yardi Matrix data shows.

The property encompasses one- to three-bedroom, single-level units averaging 967 square feet, with detached homes across the two- and three-bedroom variety. Each house includes backyards and front porches, while the community amenities consist of a dog park, swimming pool and outdoor lounge, among other features.

Located on 16 acres at 4041 N. 97th Ave., Avilla Western Garden is about 15 miles northwest of downtown Phoenix, near Loop 101. More than 6 million square feet of retail space is within a 3-mile radius of the property, according to Yardi Matrix data, including the Westgate Entertainment District.

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