At
Auben Realty, we believe in creating places where people thrive, where homes are more than a roof overhead, but a stepping stone to a better future. That’s why we’re proud to announce our official expansion into
Jacksonville, Florida as the professional property manager for
Cedar Creek Estates, a new Build-for-Rent (BFR) community developed by
Ellavoz Impact Capital (article
here).
This milestone marks more than just geographic growth—it reflects a shared goal: to meet the growing demand for workforce housing and drive long-term value for investors.
Cedar Creek Estates, located in Jacksonville’s Westside, offers 45 brand-new single-family homes with private yards, garages, and modern finishes—features often out of reach for renters in today’s market. Even in a city like Jacksonville, where the BTR sector is growing, the supply of new, single-family homes for lease remains limited compared to demand.
In fact, at the recent IMN East conference, it was reported that while there are approximately 168,500 existing BTR units nationwide, they account for less than 1% of the total multifamily inventory—an estimated 19 million units.
The takeaway? BTR is a growing segment, but it’s still just getting legs. There’s a significant opportunity to deliver high-quality residential rentals for the workforce—especially in cities like Jacksonville, where options like Cedar Creek Estates bring the benefits of homeownership (space, privacy, community) within reach of renters today. At Cedar Creek, long-term residents also have the unique opportunity to earn incentives that support their path toward homeownership.
For Auben, this project is the perfect alignment of our expertise and mission:
Stewarding high-quality residential rentals for workforce housing
Providing responsive, professional property management that builds long-term value
Partnering with visionaries like Ellavoz Impact Capital to make an impact where it matters most
As Robert Hutchins, Founder and CEO of Ellavoz, shared with the Jacksonville Business Journal:
“We need to invest in communities that help working families thrive.” (article
here)
We couldn’t agree more.
This announcement also kicks off our BTR series—where we’ll explore:
📊 The market trends behind BTR
🏡 How BTR fills a critical gap in the housing ecosystem
📈 How impact-driven BTR investments can deliver long-term value for investors and residents alike
Stay tuned as we explore what makes BTR a compelling investment strategy—and how Auben is your local expert in managing these communities across the Southeast and Midwest.
Interested in learning more about Auben’s services or how we partner with investors to maximize value in BTR communities?
Let’s connect. Together, we can build something that lasts.
