Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP,
HCDIW, HCDIZ) ("Harbor," "Harbor Custom Homes®," or the
"Company"), an innovative and market leading real estate company
involved in all aspects of the land development cycle, today
announced it is now leasing its luxury apartments in Tacoma, WA.
The Pacific Ridge apartments feature one and two
bedrooms, and studio rentals in the Fern Hill neighborhood less
than ten minutes from Tacoma’s bustling downtown. The 80-unit
apartment complex is comprised of a two-story building with
tuck-under garages, an amenity center, and three three-story
buildings.
The newly constructed apartments are
conveniently located off Pacific Highway across the street from
Domino’s Pizza, with easy access to I-5 and SR 512, and are within
proximity to local conveniences, including popular shopping
centers, grocery stores, community parks, acclaimed museums,
restaurants, and Pacific Lutheran University.
The first building opened for leasing in
November 2022 with units ranging from 384 square feet to 1,100
square feet and lease for $1,195 to $2,045 a month. There are
six-month to one-year lease options.
“We are excited to introduce our luxury
apartments to the Tacoma area,” said Jeff Habersetzer, COO of
Harbor Custom Development, Inc. “We believe the high-quality
finishes, proximity to Interstate 5, and local conveniences makes
Pacific Ridge an ideal home for renters in the area. The Tacoma
market has received the project well as initial rental demand has
been strong."
Pacific Ridge offers the convenience of a rental
with the beautiful interior finishes of a new home. The community
offers spacious one-bed, one-bath, and two-bed, two-bath apartment
homes that feature vaulted ceilings, quartz countertops, stainless
steel appliances, full-size washers and dryers in the units,
premium flooring, tiled bath surrounds, private balconies, and
garages. Renters can access the private onsite clubhouse featuring
spaces to gather, a kitchen, mail room, parcel lockers, game
lounge, and a fitness center.
The community is one of six projects Harbor
Custom Development, Inc. listed with Kidder Mathews earlier this
year.
Pacific Ridge is located at 8445 Pacific Avenue,
Tacoma, WA 98445. For leasing information, scheduling a tour, or to
learn about the first month’s free promotion, visit
HarborCustomDev.com, or call (253) 365-8774.
About Harbor Custom Development,
Inc.Harbor Custom Development, Inc. is a real estate
development company involved in all aspects of the land development
cycle including land acquisition, entitlements, construction of
project infrastructure, home and apartment building, marketing, and
sales of various residential projects in Western Washington's Puget
Sound region; Sacramento, California; Austin, Texas and Punta
Gorda, Florida. As a land developer and builder of apartments, and
single-family luxury homes, Harbor Custom Development's business
strategy is to acquire and develop land strategically based on an
understanding of population growth patterns, entitlement
restrictions, infrastructure development, and geo-economic forces.
Harbor focuses on acquiring land with scenic views to develop and
sell residential lots, new home communities, and multi-story
apartment properties within a 20 to 60-minute commute of the
nation's fastest-growing metro employment corridors. Harbor is
leading the real estate industry as the first national land
developer and builder accepting payment in the form of
cryptocurrency for its listed land, developed lots, residential
homes, and apartments.
Forward-Looking
StatementsCertain statements in this press release
constitute "forward-looking statements" within the meaning of the
federal securities laws. Words such as "may," "might," "should,"
"believe," "expect," "anticipate," "estimate," "continue,"
"predict," "forecast," "project," "plan," "intend" or similar
expressions, or statements regarding intent, belief, or current
expectations, are forward-looking statements. These forward-looking
statements are based upon current estimates and assumptions. While
the Company believes these forward-looking statements are
reasonable, undue reliance should not be placed on any such
forward-looking statements, which are based on information
available to us on the date of this release. These forward-looking
statements are subject to various risks and uncertainties,
including without limitation those set forth in the Company's
filings with the Securities and Exchange Commission. Thus, actual
results could be materially different. The Company expressly
disclaims any obligation to update or alter statements whether as a
result of new information, future events or otherwise, except as
required by law.
Investor RelationsHanover
InternationalIR@harborcustomdev.com 866-744-0974
Pacific Ridge offers the convenience of a
rental with the beautiful interior finishes of a new
home.
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