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November 8, 2024
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TEXAS/SOUTHWEST NEWS
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New Rental Home Project in Goodyear, AZ is Finished

3/06/24

TerraLane at Canyon Trails South, a 297-residence rental home project in Goodyear, AZ has been completed. It is being developed by.

TerraLane at Canyon Trails South is located at 25 North 173rd Ave, less than a mile south of the I-10 and 303 freeway interchange. The project provides convenient access to transportation, employment and services. It is immediately south of TerraLane at Canyon Trails, which TerraLane Communities completed and sold in 2022.

TerraLane at Canyon Trails South offers floorplans designed to appeal to young professionals and part-time Phoenix area residents as well as families and active adult move-downs. Plan 1 is a 642 sf, one-bedroom/one-bathroom home and Plan 2 is a 995 sf two-bedroom/two-bathroom home. Both plans are single-family detached and include spacious, fenced-in private backyards that are finished with landscaping, Astro turf and paver patios. All residences feature faux-vinyl wood flooring and a gourmet-style kitchen outfitted with quartz countertops and stainless-steel, energy-efficient appliances.

Consistent with all TerraLane Communities developments, TerraLane at Canyon Trails South is built with a heightened focus on technology and functionality and incorporates smart home features such as remote thermostat control, keyless door entry, and doorbell camera lighting controls. To allow for seamless integration of future technologies, each rental home is built with fiberoptic cabling.

The community is secured by a controlled gated entry. Amenities include a heated swimming pool and jacuzzi, fitness center, outdoor poolside sunning deck, ramada and flat-screen TV, in addition to barbecue grilling stations and an outdoor fire pit with seating. Complementary Wi-Fi is provided throughout the common amenity areas. TerraLane at Canyon Trails South is pet-friendly and offers a dog park and access to multiple walking trails and parks.

Property management and leasing is led by Mark Taylor. The new community is open and experiencing strong leasing activity.

“Phoenix continues to flourish and attract new major investment and developments that are projected to create more than 26,000 new jobs in the coming years, driving economic growth and housing demand,” said Richard Whiteley, co-president and chief executive officer at IHP Capital Partners. “Build-for-rent communities, or horizontal apartments, have become an important component of the Valley’s housing landscape, as professionals in these burgeoning technology-related industries seek modern, flexible living arrangements."





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