Material Capital Partners Announces Latest Single-Family Rental Community in South Carolina

CHARLESTON, SC, April 27, 2022 /PRNewswire/ — Material Capital Partners (“MCP”), a vertically integrated real estate development and investment management firm focused on the construction of single-family rental housing across the Southeast and Floridaannounced its latest single-family rental development community, The Preserve at Pure waterin North Augusta, South Carolina. The inauguration of the community is scheduled for May 2022 with a pre-lease officially starting in November 2022 and project completion in early fall 2023.

The reserve at Pure water will feature 89 townhouses with a mix of 2 and 3 bedrooms and feature a new urbanist design community with smart use of green space and a focus on wellness for residents, with a state-of-the-art fitness center, a outdoor living area with fire pit and outdoor kitchen, upscale bark park, outdoor activity areas and walking trails. Residents will also enjoy private, fenced yards and patios. Everyone from The Preserve to Sweetwater’s townhouses will be equipped with smart home features that will include smart locks, thermostats, garage door openers and all-electric stainless steel appliances. The homes will also feature upgraded luxury finishes including custom kitchen cabinets and large center islands, designer tile backsplashes, granite countertops and rich wood-style plank floors to provide residents with a warm and welcoming place to stay. inviting.

Alex ChalmersManaging Partner at MCP, said, “MCP is delighted to offer our construction product for rent to North Augusta and be part of the community. The reserve at Pure water is a prime example of how MCP seeks to generate exceptional living experiences for people who seek the luxury amenities of a Class A apartment building, but desire the lifestyle of a home with more comfort. space, a backyard and a garage within a single family rental community.

With the community’s prime location near the intersection of I-20 and I-520, residents will be minutes from major employers, major healthcare systems, outdoor recreation offerings, and popular retailers. Major employers in the area include Bridgestone, Rolls-Royce, Generac, US Army Cyber ​​Command at Fort Gordon, Georgia Cyber ​​Center, Amazon Fulfillment Center, Club Car Headquarters and August University. The community is in a great school district and is across from Walnut Lane Park.

North Augusta is a key part of one of the strong rising secondary markets in the Southeast. It has a well-deserved high reputation for quality of life. Located between Aiken and Augustthe city enjoys wonderful amenities and new jobs combined with a low cost of living and housing,” said Joel PresleyMCP partner and August resident for 30 years.

The reserve at Pure water will be built by the locals August Winchester Commercial Group, MCP’s dedicated construction partner for all of its Southeast communities.


Press release issued by PRLog

SOURCE Material Capital Partners

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