INVESTMENT SUMMARY
In April 2023, W Properties broke ground on a groundbreaking 343-unit build-to-rent project in Melissa, TX, marking our entry into this innovative sector of multifamily real estate. This $110 million development represents a bold step forward in our mission to revolutionize residential living.
Project Highlights
Innovative Concept: Our build-to-rent model offers residents the privacy of single-family homes with the convenience of apartment living.
Scale and Investment
Innovative Concept: Our build-to-rent model offers residents the privacy of single-family homes with the convenience of apartment living.
Project Highlights
At 343 units and $110 million, this is one of the largest build-to-rent projects in the region.
Strategic Location
Melissa, TX was chosen for its growing population and strong economic indicators.
Overcoming Challenges
Securing financing and zoning approvals for this innovative project required persistence and vision. We worked closely with local authorities to demonstrate the community benefits and economic impact.
Construction and Design
We’re employing cutting-edge construction techniques to ensure efficiency without compromising quality. The development will feature state-of-the-art amenities designed to foster a sense of community.
Market Impact
As we approach completion, interest from potential residents and investors is strong. This project is poised to become a cornerstone of our portfolio and a model for future build-to-rent developments across the country.
At W Properties, we’re not just following trends – we’re setting them. This Melissa project exemplifies our commitment to innovation and our ability to execute large-scale, transformative developments.
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