Westwood TownHouses

Partner Development – Build-to-Rent Project

Project Details

Project Type
Commercial
Completion Status
Completed
Project Location
27825 Detroit Rd Westlake, OH 44145
Start Date
May 1, 2024
Completion Date
Jun 30, 2025
Project Duration
1 year 2 months

Project Overview

This new commercial office building represents modern commercial construction at its finest. The 45,000 sq ft facility will house multiple businesses and feature cutting-edge amenities.

Construction Features

  • 45,000 square feet of office space
  • LEED Gold certification target
  • Modern HVAC and building automation systems
  • Parking structure and landscaping
  • Flexible office layouts
  • Energy-efficient design

Current Progress

Construction is progressing on schedule with foundation work completed and structural framing underway. We expect to complete the project by mid-2025.

Partner Development is a modern build-to-rent residential project designed specifically for long-term leasing rather than individual sale.The project features thoughtfully planned multi-family buildings with studio, 1-, 2- and 3-bedroom apartments, high-quality finishes, energy-efficient engineering systems, and comprehensive infrastructure for comfortable living: landscaped courtyards, children's and sports playgrounds, co-working spaces, bike storage, concierge service, underground parking, and 24/7 video surveillance. The concept is built around stable rental income for investors: professional property management company handles tenant selection, rent collection, maintenance, minor repairs, and vacancy minimization. Expected net rental yield ranges from 6.5–8.2% per annum (depending on location tier and unit type), with projected occupancy rate above 92–95% in the first three years after stabilization.Key advantages for partners:Turnkey investment product with fixed construction timeline and transparent reporting. Diversified portfolio of apartments across several buildings / locations. Reduced operational risks thanks to centralized professional management. Exit strategy flexibility (hold for cash-flow or sell stabilized asset in 5–10 years).Partner Development combines reliable passive income generation with a high-quality living environment that attracts long-term, solvent tenants.Location: [to be specified – premium / growing urban / suburban areas with strong rental demand]Delivery: Q4 2027 – Q2 2028

Tags

developmentnew-groud-up

Quick Info

Status:Completed
Location:27825 Detroit Rd Westlake, OH 44145
Duration:1 year 2 months

Interested in Similar Projects?

Contact us to discuss your construction needs and get a free consultation.

Get a free
consultation
and estimate

Fill in your details and our manager will contact you
Leave your contact information