By Jessica Fiur, News Editor
Buena Park, Calif.—Though it usually concentrates on single-family homes, Brandywine Homes recently closed escrow on a multifamily community in Buena Park, Calif.
The 22-unit community will include two-bedroom single-level apartments and two-story townhouses and will be located on 1.1 acres. The units, which will be designed by LSA Architecture, will include granite countertops, as well as washers and dryers. Amenities will include a tot lot and barbecue area.
The community will be located near the 91 and 5 Freeways. It will also be close to The Source, a 450,000-square-foot shopping center that is currently under construction. Additionally, the property will be close to Knott’s Berry Farm, Soak City, the Buena Park Downtown shopping center and Dad Miller Golf Courses.
“With the economy improving, the demand for rental properties is stronger than it has been in years,” David Barisic, vice president of sales and marketing for Brandywine Homes, says. “People who’ve been living with relatives or friends still may be reluctant to buy. But, increasingly, they’re looking for their own place to rent.”
Brandywine Homes has plans to build three additional multifamily communities in the coming year. It recently broke ground on two communities in Garden Grove: a 25-unit property and a 34-unit property, both of which include townhouses and apartments.
Construction of the Buena Park community is expected to be completed by the summer of 2014.