The development will be situated on 22 acres purchased recentlyfor $2.2 million. The two-, three- and four-bedroom plans range insize from 1,038 to 1450 sf.
The homes are priced in the low $140,000s. The community is morethan 70% sold in less than a month after the land acquisition.
"Marbella Cove will add value to the community and contribute tothe area's changing demographics by establishing a new precedent inhousing prices," says S. Lawrence Kahn III, president and CEO ofLowell Homes. "It's part of the new boom for Homestead."
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
