Weatherford, Texas – TruLife Communities and Advenir Oakley Capital (“Advenir Oakley”) announced the start of site work on a 200-unit build-to-rent development, LEO at Bethel Place, in Weatherford, Texas.
Conveniently located off of I-20 just south of Weatherford High School on Bethel Road, the 29.7-acre gated community is well-positioned to capitalize on the recent growth the area has experienced driven by its proximity to Fort Worth, a thriving job market and its growing population. These demand drivers along with Weatherford’s rich history and strong sense of community, offer residents of Leo at Bethel Place a high-quality living experience that combines comfort, convenience and sustainability.
LEO at Bethel Place will provide a unique housing choice with detached homes and townhomes connected to greenbelt, and resident access to amenities typically only found in high density multifamily projects.
Designed by Gaylen Howard Laing Architects of Arlington, the residences include a mix of one, two, and three-bedroom cottages. Single-story cottages feature 10-foot vaulted ceilings, quartz/granite countertops, in-unit washers and dryers, a smart home technology package, private patios and turf yards, large covered front porches, stainless steel appliances, and 24/7 on-call maintenance.
One-bedroom units with 781 square feet will rent for approximately $1,650 / month; two bedrooms in 1,130 square feet at $2,100/month, and three bedrooms with an average of 1,500 square feet start at $2,350/month.
Courtyards with pavilions and grill stations, a central clubhouse with a resort-style pool and fitness center are among the neighborhood amenities along with a dog park, pickleball court, putting green, walking trail system and community garden.
“We’re thrilled to be starting site work on this project and bringing our vision for high-quality rental homes to life,” said Matt Farris of TruLife Communities. “This development is a testament to our commitment to the Weatherford community and our belief in the power of partnerships to create great places.”
“We’re excited to be working with TruLife Communities on this new build-to-rent development in Weatherford,” said David Oakley of Advenir Oakley. “This project represents a great opportunity for us to bring our expertise in real estate development to the table and create something truly special for residents in the area.”
TruLife Construction, an affiliate of TruLife Communities is the general contractor on the project. LEO at Bethel Place is expected to be fully completed by December 2024, with first deliveries currently scheduled for Q4 2023. The community will be managed by Advenir Living.
For more information about this development, please contact TruLife Communities or Advenir Oakley Capital, LLC.
Advenir Oakley Capital, LLC
Matt Vecchitto, 262-237-0897 or email@example.com
David Oakley, 205-913-4632 or firstname.lastname@example.org
TruLife Communities, LLC.
Matt Farris, 214-616-4969 or matt@Trulifecommunities.com
About Advenir Oakley
Advenir Oakley is a vertically integrated investor, developer and operator of Built-to-Rent (BTR) communities across the U.S. Advenir Oakley is a joint venture between Miami-based Advenir and Birmingham-based Oakley Group with the purpose of acquiring and developing a portfolio of 10,000 BTR units. Advenir Oakley is a leading provider of high-quality BTR housing, with a commitment to creating vibrant and sustainable communities across the U.S. With a focus on growth and innovation, Advenir Oakley is dedicated to improving the lives of residents through the development of comfortable, convenient, and affordable housing solutions.
Advenir Oakley has offices in Atlanta, GA, Birmingham, AL, St. Pete, FL, Miami, FL, and Kenosha, WI. Since inception, Advenir Oakley has acquired and operated more than 600 BTR units valued at $150M and has a pipeline of additional developments valued at $2 billion.