ODESSA, FL - The Bainbridge Companies (Bainbridge), a leading developer, owner, and manager of luxury multifamily communities, is proud to announce that they have been selected by NexMetro Communities as its management partner for Avilla Suncoast, which is NexMetro’s first community in Florida.
Avilla Suncoast is part of the Tampa MSA and leads a growing trend in single family, built-to-rent subdivisions. A unique alternative to traditional rentals, Avilla Suncoast features single level, detached homes for lease in a gated community. The 152-unit community, located in Odessa, Fla., offers the benefits of a neighborhood with resort-inspired amenities. The interior appointments within the homes are best-in-class and provide the luxury of an individualized home with private entrances, outdoor patios, and backyards. The pet friendly community also boasts a community pool, spa, dog park, grilling stations and gathering areas.
“We are seeing more affluent young professionals and near-retirees seek out non-traditional housing. The combination of a competitive housing market and the ability for more professionals to work remotely has been a driving factor in their desire to rent larger, private homes that are professionally maintained,” said Dana Caudell, President of Property Management at Bainbridge. “We are proud to be partnering with NexMetro, the leader in this industry and one of the first to originate the concept of built-for-rent. We are thrilled to have been chosen to manage for NexMetro. With their SFR prowess and our team’s deep expertise in the Tampa region, we know this project will be a homerun.”
“Demand for single-family rental homes remains incredibly strong as consumers seek this unique lifestyle experience that combines the best of a detached home and mortgage-free, maintence-free living,” said Linda Coburn, NexMetro’s vice president of asset management. “Our expansion into Central Florida validates the tremendous appeal of this hybrid housing offering to consumers of all walks of life.”
Avilla Suncoast officially opened on December 15, 2021.
About The Bainbridge Companies: Bainbridge is a leading owner, developer, and manager of luxury multifamily apartment communities in the Eastern United States and Texas. Founded in 1997, Bainbridge is a fully integrated family of real estate companies engaged in the development, construction, acquisition, and management of multifamily real estate. Bainbridge is headquartered in Wellington, FL with regional offices in Orlando and Tampa, FL; Atlanta, GA; Bethesda, MD; Charlotte and Raleigh, NC; and Dallas and Austin, TX. Bainbridge currently owns and manages in excess of 20,000 apartments and develops and operates assets in 8 states and 33+ markets with more than 600 associates across its offices and portfolio. To learn more about Bainbridge's communities and recent development and acquisition activities, please visit: bainbridgecompanies.com
About NexMetro: NexMetro Communities is an innovative development company focused on building luxury leased home neighborhoods that serve lifestyle conscious consumers seeking a new home experience without the burdens of a mortgage. In partnership with its affiliated companies, NexMetro has developed Avilla Homes neighborhoods since 2010 in key Sunbelt locations. Combining elements of residential single-family living with rental terms and management, NexMetro provides a growing market niche of consumers a leased home experience like no other. To learn more visit www.nexmetro.com