AP NEWS

Roberts Communities Expansion Addresses Austin Affordability Crisis

November 20, 2018

AUSTIN, Texas--(BUSINESS WIRE)--Nov 20, 2018--Roberts Communities, owner and operator of premium manufactured home communities in Arizona, Texas and Colorado will break ground on 550 manufactured and 260 single family home lots located in Southeast Austin, in January of 2019. The anticipated lot delivery will bring homes to the market for fifty percent less than the average single family home planned for the area, currently priced from $202,000.

Scott Roberts, owner of Roberts Communities plans to address the Austin affordability crisis by “offering high quality homes, amenities and a luxury lifestyle at an attainable price for the average family of four.” Roberts goes on to say, “Apartment renters in Austin will pay as much for a two bedroom apartment as our homeowners are paying to own a four bedroom home.”

The 198-acre expansion at Oak Ranch in Del Valle includes a new 10,000 square foot community center with resort style gym, café, event lawn, splash pad, pool, soccer fields and basketball courts. “The goal is to bring greater awareness of attainable housing with manufactured homes that offer design options and can be customized to fit any lifestyle.” In addition to the expansion, Oak Ranch will host a twelve-acre park dedicated to the City of Austin with trail access from Ross Road to Travis County’s Barkley Meadows Park. The community will feature model homes from 1,100 square feet to over 1,800 square feet.

Roberts Communities has been an owner and operator of family communities for over 50 years. The founder’s, R.C. Roberts, high standards and professionalism guide the second generation of the Roberts family in maintaining excellent long-term relationships with their residents. Owning, developing and managing these communities with unsurpassed hospitality have given the Roberts Family a reputation in the highest regards. This is what the Roberts Family is all about: relationships, professionalism, family, hospitality and always a sense of home.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181120005008/en/

CONTACT: Emiley Parker

Roberts Communities

(512) 926-2010 x118

eparker@robertscommunities.com

KEYWORD: UNITED STATES NORTH AMERICA TEXAS

INDUSTRY KEYWORD: CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE

SOURCE: Roberts Communities

Copyright Business Wire 2018.

PUB: 11/20/2018 11:08 AM/DISC: 11/20/2018 11:08 AM

http://www.businesswire.com/news/home/20181120005008/en

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