Village on LegacyPFLUGERVILLE,TX—On the heels of another land acquisition earlier this year,AHV Communities has acquired another site on whichto develop 84 market-rate single-family rental detached homes. Thistime, the plan is for homes located in Pflugerville, one of thenation's fastest growing cities in the greater Austin metro.The newcommunity,Villageon Legacy, willoffer residents a prime location for education and employment aswell as shopping and entertainment. Targeted grand opening isanticipated in the third quarter of 2017.“Werecognize the strength of the North Austin market and are excitedto be acquiring land to build single-family rental communities thatwill provide a new housing option to a growing region where housingis at a premium,” saidMarkWolf,founder and CEO of AHV Communities. “When considering sites,schools, retail, employment and transportation access are all veryimportant to us. As the 11th fastest-growing city in the UnitedStates, Pflugerville has every key factor that makes for a greatlocation.”The one-and two-story homes at Village on Legacy will feature four plansranging in size from 1,440 to 1,882 square feet. They will includethree to four bedrooms, two-car garages with direct access, andfront and back yards.“Webuild our communities to provide a unique and better valueproposition for residents seeking the flexibility of renting, thebenefits of living in a detached home with the amenities andservices of a class- A apartment community,” saidWolf. Villageon Legacy will offer a wide-ranging interior package less commonlyfound in rental homes and more commonly found in for-sale homes,including granite countertops, walk-in closets, washer and dryerhook-ups, and ceiling fans. Residents will also save on utilitybills and enjoy increased comfort with energy-efficient featuresincluding energy-efficient stainless steel appliances, LED lightingthroughout, tankless water heaters, and high SEER-rated centralheating and air conditioning.Residentswill have many opportunities to enjoy the natural outdoors andsurroundings, including a walking trail, dog park, fitness center,luxury pool, clubhouse and leasing center with Wi-Fi connectivity,open green space, and barbecue/picnic areas. Like all of AHV'sproperties, the professional onsite management team takes care ofyard maintenance, repairs and upkeep.SpencerRinker,co-founder and president of AHV Communities, tells GlobeSt.com:"Austin is experiencing high demand from consumers looking for anamenity-rich single-family home living experience without thehassle of long-term upkeep or a mortgage. Village on Legacy, likeour other single-family rental communities, is designedspecifically to fill what we believe is a large gap in housingtoday."As a hubfor numerous technology businesses and companies, Village on Legacyoffers close access to nearby major employers includingDell,AT&T, AppleandSamsung.Residents will be near schools in thePflugervilleIndependent School Districtand haveclose proximity to tollways 45 and 130 with access to every pointin Austin within 25 minutes, including downtown andAustin-BergstromInternational Airport.Entertainment and shopping options nearby includeHawaiianFalls Water and Adventure Park,DellDiamond Baseball Stadium, Round Rock Premium OutletsandStoneHill Town Center. It'salso within close proximity to the amenities, employment andentertainment of downtown Austin.Theexpected renter profile encompasses a broad range of demographicsincluding millennials, professionals and young families, along withmove-down and active adults who live in the Greater Austinarea.“Increasingly,people are renting by choice particularly among higher-incomehouseholds,” said Wolf. “We are meeting the demand by providing theright product in the right locations.”Earlierthis year, AHV Communities acquired the site located on the SanGabriel River adjacent to San Gabriel ParkforPark onSan Gabrielthatwill include 92 luxury single-family detached residencesexclusively for rent. Village on LegacyPFLUGERVILLE,TX—On the heels of another land acquisition earlier this year,AHV Communities has acquired another site on whichto develop 84 market-rate single-family rental detached homes. Thistime, the plan is for homes located in Pflugerville, one of thenation's fastest growing cities in the greater Austin metro.The newcommunity,Villageon Legacy, willoffer residents a prime location for education and employment aswell as shopping and entertainment. Targeted grand opening isanticipated in the third quarter of 2017.“Werecognize the strength of the North Austin market and are excitedto be acquiring land to build single-family rental communities thatwill provide a new housing option to a growing region where housingis at a premium,” saidMarkWolf,founder and CEO of AHV Communities. “When considering sites,schools, retail, employment and transportation access are all veryimportant to us. As the 11th fastest-growing city in the UnitedStates, Pflugerville has every key factor that makes for a greatlocation.”The one-and two-story homes at Village on Legacy will feature four plansranging in size from 1,440 to 1,882 square feet. They will includethree to four bedrooms, two-car garages with direct access, andfront and back yards.“Webuild our communities to provide a unique and better valueproposition for residents seeking the flexibility of renting, thebenefits of living in a detached home with the amenities andservices of a class- A apartment community,” saidWolf. Villageon Legacy will offer a wide-ranging interior package less commonlyfound in rental homes and more commonly found in for-sale homes,including granite countertops, walk-in closets, washer and dryerhook-ups, and ceiling fans. Residents will also save on utilitybills and enjoy increased comfort with energy-efficient featuresincluding energy-efficient stainless steel appliances, LED lightingthroughout, tankless water heaters, and high SEER-rated centralheating and air conditioning.Residentswill have many opportunities to enjoy the natural outdoors andsurroundings, including a walking trail, dog park, fitness center,luxury pool, clubhouse and leasing center with Wi-Fi connectivity,open green space, and barbecue/picnic areas. Like all of AHV'sproperties, the professional onsite management team takes care ofyard maintenance, repairs and upkeep.SpencerRinker,co-founder and president of AHV Communities, tells GlobeSt.com:"Austin is experiencing high demand from consumers looking for anamenity-rich single-family home living experience without thehassle of long-term upkeep or a mortgage. Village on Legacy, likeour other single-family rental communities, is designedspecifically to fill what we believe is a large gap in housingtoday."As a hubfor numerous technology businesses and companies, Village on Legacyoffers close access to nearby major employers includingDell,AT&T, AppleandSamsung.Residents will be near schools in thePflugervilleIndependent School Districtand haveclose proximity to tollways 45 and 130 with access to every pointin Austin within 25 minutes, including downtown andAustin-BergstromInternational Airport.Entertainment and shopping options nearby includeHawaiianFalls Water and Adventure Park,DellDiamond Baseball Stadium, Round Rock Premium OutletsandStoneHill Town Center. It'salso within close proximity to the amenities, employment andentertainment of downtown Austin.Theexpected renter profile encompasses a broad range of demographicsincluding millennials, professionals and young families, along withmove-down and active adults who live in the Greater Austinarea.“Increasingly,people are renting by choice particularly among higher-incomehouseholds,” said Wolf. “We are meeting the demand by providing theright product in the right locations.”Earlierthis year, AHV Communities acquired the site located on the SanGabriel River adjacent to San Gabriel ParkforPark onSan Gabrielthatwill include 92 luxury single-family detached residencesexclusively for rent.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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