MODUS Eyeing 94-Unit Scottsdale BTR Venture
MODUS Companies is looking at building a 94-unit single-family Build-to-Rent development in south Scottsdale on Oak Street near 64th Street. Papago Village would provide 46 one-bedroom and 48 two-bedroom units on 10.01 gross acres. The plans still need to go through the town’s standard approval process.
AZBEX reports that the homes in the development will be designed to meet Department of Energy Zero Energy Ready Home program requirements. The company claims these should deliver units that are 50%—70% more energy efficient than homes built to standard code specifications. Each unit will feature Low-E glass, solar panels, Energy Star appliances and other sustainable building materials.
Planned amenities include a clubhouse area with a pool, fitness center, spa and outdoor activity space.
MODUS currently has four other projects, three Build-to-Rent and one traditional apartment community, in development around the state.