For investors looking for an alternative to building expensive, hard to finance, multi-family investment properties, there is now a unique, well-designed option that capitalizes on the red-hot concept of “living small”. Simplicity’s Cottage Community concept offers smart-sized homes “tiny homes” from 400 sq. ft., in lieu of traditional multi-family housing. In this case, the developer’s goal was to hold on to the property long-term and rent the homes instead of selling them. In addition, Simplicity was able to build 33 units on an 8-month cascading schedule, allowing the developer the ability to rent the individual homes upon completion, realizing an immediate return on investment.
