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Capstone Communities Building a New Build-For-Rent Cottage Development in Greystone

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A new development’s coming to Greystone—The Cottages is a build-for-rent cottage-style community by Capstone Communities. Keep reading to learn all about it.

What is build-for-rent?

Birmingham is seeing more and more build-for-rent communities popping up. According to Hunter Housing Economics, build-for-rent communities are one of the fastest growing trends in the multifamily real estate segment.

A build-for-rent home is one that has been built for the purpose of long-term rental. Unlike standard apartments and other short-term rental communities, build-for-rent homes are made for people looking for a long-term rental residence.

“Birmingham is not only our hometown but the centerpiece of a thriving region and state that embraces the spirit of innovation, progress and growth. We are proud to bring our build-for-rent cottage concept, which has proved tremendously successful in other markets, closer to home and provide a premium housing option for Birmingham residents looking to rent instead of buy.”  -Jim Beatty, Vice President, Development for Capstone Communities

Coming Soon

Construction on this new community will begin in May, with its first units scheduled to be ready by summer 2023 and the rest to be ready to go in winter 2023. The 189-unit development includes sidewalks, parks and open green spaces.

Designed with a “new urbanism” style, this community will be an attractive housing option for young professionals, empty-nesters and those moving to the growing area.

Location

The Cottages in Greystone are located between Saint Vincent’s One Nineteen Hospital and Church of the Highlands. The location, right next to several retail destinations and business parks, is convenient for just about anything.

Greystone is full of places to go and things to do. There’s an endless amount of delicious restaurants nearby, shopping for days and a quick drive to multiple local parks. The list goes on!

We love to see so many exciting developments on the horizon for The Magic City!

(Source: Bham Now)

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Texas

Property NameLocationUnitsYear(s) Delivered
Capstone Cottages of LubbockLubbock, TX214Summer 2017
The Junction Cottages & TownhomesCollege Station, TX186Summer 2016
Capstone Cottages of San MarcosSan Marcos, TX194Summer 2014
The Cottages of College Station, Phase I & IICollege Station, TX369Summer 2012
The Cottages of LubbockLubbock, TX241Summer 2009

South Carolina

Property NameLocationUnitsYear(s) Delivered
The Cottages at InglesideNorth Charleston, SC260Winter 2024
The Cottages at Myrtle BeachMyrtle Beach, SC294Fall 2023
The Villas at NextonSummerville, SC276Winter 2022
The Retreat of ClemsonClemson, SC552007

Oklahoma

*DENOTES PROPERTIES CURRENTLY UNDER MANAGEMENT
Property NameLocationUnitsYear(s) Delivered
The Cottages of NormanNorman, OK174Summer 2009

New Mexico

Property NameLocationUnitsYear(s) Delivered
The Cottages of The MexicoAlbuquerque, NM162Summer 2014

New Hampshire

Property NameLocationUnitsYear(s) Delivered
The Cottages of DurhamDurham, NH141Summer 2012

North Carolina

Property NameLocationUnitsYear(s) Delivered
The Cottages at RiverlightsWilmington, NC279Winter 2023
Inspire at Royal ParkMatthews, NC204Summer 2022
The Cottages of BooneBoone, NC202Spring 2014

Montana

Property NameLocationUnitsYear(s) Delivered
The Arrow Townhomes & FlatsBozeman, MT268Summer 2019

Mississippi

Property NameLocationUnitsYear(s) Delivered
The Cottages of HattiesburgHattiesburg, MS103Summer 2008

Missouri

Property NameLocationUnitsYear(s) Delivered
The Cottages of ColumbiaColumbiana, MO145Summer 2008

Lousiana

Property NameLocationUnitsYear(s) Delivered
Arlington Cottages & TownhomesBaton Rouge, LA179Summer 2016
The Cottages of Baton RougeBaton Rouge, LA382Summer 2011

Florida

Property NameLocationUnitsYear(s) Delivered
The Cottages at Cypress CayTampa, FL198Spring 2024
The Cottages at TraditionPort St. Lucie, FL286Winter 2023
Primrose ResidencesSanta Rosa Beach, FL288Winter 2022
The Cottages at Daytona BeachDaytona Beach, FL283Fall 2022
Brisa ResidencesSt. Johns County, FL256Summer 2020
Beacon ResidencesNew Smyrna Beach, FL253Summer 2020
Cottage Grove at GainesvilleGainesville, FL84Summer 2008

Colorado

Property NameLocationUnitsYear(s) Delivered
The Cottages of Fort CollinsFort Collins, CO202Summer 2018

Arizona

Property NameLocationUnitsYear(s) Delivered
The Cottages of TempeTempe, AZ121Summer 2015

Alabama

Property NameLocationUnitsYear(s) Delivered
The Cottages at GreystoneHuntsville, AL189Spring 2024
The Villas at Old MonroviaHuntsville, AL276Spring 2024
Artisan FlatsBirmingham, AL120Spring 2024
The Cottages at Old MonroviaHuntsville, AL272Winter 2021
Creekside of AuburnAuburn, AL360Fall 2007

Georgia

Property NameLocationUnitsYear(s) Delivered
The Cottages at Warner RobinsWarner Robins, GA251Summer 2023
Premiere Lofts at TrilithFayetteville, GA263Summer 2020
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