The Park at Three Point. Credit: HILGARTWILSON/Capital Development Group
By Capital Asset Management | AZBEX
Capital Development Group, the development wing of Capital Asset Management, has closed escrow on the first two of five Build-to-Rent projects. The first two projects are in Arizona cities most in need of this type of housing – Prescott and Casa Grande.
The projects, similar in concept and design, mark Capital Development Group’s broadening of its reach outside of the Phoenix metro area.
Both projects will appear similar to a single-family home community at first look. All units will be built as a single story and designed to include private backyards and entries. Inside, residents will be met with 10-foot ceilings, stainless steel appliances, full-sized washers and dryers, faux wood flooring, quartz countertops and the latest in technology packages. Outside, amenities include a resort-style pool and spa, barbecues and ramadas, a dog park, fitness center, coffee bar, trails and paths throughout, and open spaces and lush landscaping.
