In 2016, AHV Communities opened Vickery Grove, its first community of 82 single-family homes in San Antonio, Texas, all of which were built specifically as rentals. Read more about the booming single-family rental market here.
The homes range in size from 1,542 to 1,988 square feet, and rental costs across all of the company’s communities range from about $1,865–$2,350. These communities of detached homes for rent are like a hybrid between a single-family and multifamily development—they’re fully amenitized, managed, maintained, and operated by a property manager, and feature pools, fitness centers, clubhouses, dog parks, walking trails, and community events. Everything is taken care of for renters when it comes to landscaping and maintenance, so residents can enjoy the lock-and-leave lifestyle of renting.
The communities will offer wide-ranging interior packages less commonly found in rental homes and more commonly found in for-sale homes, including granite countertops in the kitchen and baths, designer wood-style flooring, walk-in closets, washer and dryer hook-ups, and ceiling fans. Residents will also save on utility bills and enjoy increased comfort with energy-efficient features, including energy-efficient stainless steel appliances, LED lighting, quality insulation, and high SEER rated central heating and air conditioning.
“We borrowed our knowledge and experience from apartments and applied it to the single-family model, so this is really like a linear apartment,” says CEO and founder Mark Wolf.
AHV currently has four additional communities underway in other areas of Texas, the first of which will open early this year.
Read more about AHV’s single-family for rent model here, and find more information about each of the company’s communities here–Village on Legacy, Pradera, and Rivers Edge.
