Oakland, CA – August 5, 2024 – Roofstock, a leading platform for single-family rental investments, has successfully facilitated the sale of a build-to-rent (BTR) townhome community in Burleson, Texas. The development, featuring 85 townhomes, is strategically located just south of Fort Worth in a prime area with top-rated schools and convenient access to shopping and dining.

The property, partially stabilized and partially under construction, is set for completion by Q4 2024 and will offer three-bedroom townhomes with modern kitchens, stainless steel appliances, spacious layouts, and private fenced backyards. The townhomes range in size from 1,756 to 1,914 square feet, with an average market rent of $2,080.

Roofstock represented the seller, with Bridge Tower Properties acquiring the community. The collaboration of Roofstock's Portfolio, Transaction, and Mynd Property Management teams ensured a seamless and efficient closing process.

“This sale highlights the growing demand for build-to-rent communities in the DFW metroplex,” said Chris Willard, General Manager at Roofstock. “We’re excited to see this community contribute to the thriving rental market in Burleson under the experienced stewardship of Bridge Tower Properties.”

For those unfamiliar with Burleson, the fast-growing area offers a perfect blend of small-town charm and big-city convenience. Residents benefit from top-rated schools, safe neighborhoods, and a strong sense of community, making it ideal for families. With easy access to dining, shopping, and entertainment options, as well as proximity to major highways, Burleson provides an attractive lifestyle for those looking for quality living in the Dallas-Fort Worth metroplex.

About Roofstock

Roofstock is a data, analytics, and investment platform focused on the single-family rental sector (SFR). Our real estate investing as a service model allows investors of all sizes to leverage on-demand technology and services to acquire, manage, and sell rental properties at scale with more precision, speed, and efficiency than traditional methods.

About Bridge Tower Properties

Bridge Tower Properties is a real estate investment firm specializing in the acquisition and management of single-family rental homes and build-to-rent communities. Focused on delivering high-quality living spaces, Bridge Tower Properties offers a streamlined, scalable investment approach to meet the demands of today’s real estate market.

For more information, contact:
Chris Willard
General Manager, Portfolio Marketplace
chris@roofstock.com