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Build-to-Rent Developer Acquires Newly Constructed Property in Avondale, Arizona

Cottages at McDowell, With 217 Units, Sells for Nearly $57 Million
The Cottages at McDowell in Avondale completed construction in 2023. (CoStar)
The Cottages at McDowell in Avondale completed construction in 2023. (CoStar)
By Thomas Ferguson
CoStar Research
May 8, 2024 | 7:41 P.M.

The newly constructed Cottages at McDowell build-to-rent homes in Avondale, Arizona, sold for $56.99 million, or $262,613 per unit, to Christopher Todd Communities.

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