{"id":4378,"date":"2026-07-11T11:35:15","date_gmt":"2026-07-11T11:35:15","guid":{"rendered":"https:\/\/durhammovinghub.com\/?p=4378"},"modified":"2026-07-11T11:35:15","modified_gmt":"2026-07-11T11:35:15","slug":"new-build-to-rent-townhomes-hit-the-market-in-eastern-wake-county-take-a-peek","status":"publish","type":"post","link":"https:\/\/durhammovinghub.com\/?p=4378","title":{"rendered":"New build-to-rent townhomes hit the market in Eastern Wake county. Take a peek."},"content":{"rendered":"

AI-generated summary reviewed by our newsroom.<\/p>\n

Read our AI Policy.<\/a><\/p>\n

A new \u201cbuild-to-rent\u201d community has hit the market on a 25-acre stretch along Wendell Falls Parkway in eastern Wake County.<\/p>\n

Read more Ex-NC public housing boss, husband sentenced for stealing taxpayer money<\/a><\/p>\n

California-based BrightSky Residential<\/a> is now leasing the 201-townhome subdivision called Oaks at Wendell<\/a>, formerly Sadie Oaks.<\/p>\n

The first move-ins are expected this August.<\/p>\n

The neighborhood sits about half a mile south of the massive 1,100-acre Wendell Falls<\/a> master-planned community.<\/p>\n

But unlike traditional rentals where homes are sold to individual owners who then lease them, these homes are being developed, from the start, to remain as single-family rentals.<\/p>\n

\u201cThe ability to enjoy a high-quality home in a great neighborhood without the responsibilities of homeownership is an increasingly attractive option for today\u2019s renters,\u201d said Hamilton Stolpen<\/a>, president of BrightSky\u2019s Southeast Division, in a release.<\/p>\n

\u201cThe value proposition is also extremely attractive,\u201d he added.<\/p>\n

BrightSky says renters can save \u201cup to 20% compared to owning.\u201d It\u2019s a claim that aligns with current Triangle market dynamics, where high interest rates and rising insurance premiums have pushed monthly home ownership costs above typical rents \u2014 but the company did not share the assumptions behind its calculation.<\/p>\n

Oaks at Wendell will offer two-story townhomes, with three- and four-bedroom plans ranging from 1,711 to 1,932 square feet.<\/p>\n

Other amenities include attached-private garages, fenced private yards, a pool, clubhouse, walking trails, a dog park and pickle ball court. Rents are expected to average $2,500 monthly.<\/p>\n

It\u2019s BrightSky\u2019s first project in North Carolina, adding to its 3,000-plus unit portfolio nationwide.<\/p>\n

Read more Best coastal town? This hidden gem in NC keeps ranking as a top destination<\/a><\/p>\n

Tours and leasing are available at 145 Burke Legacy Way, with on site staff and extended hours.<\/p>\n

In recent years, build-to-rent has gained traction in the Triangle and across North Carolina, as homeownership becomes less affordable and institutional investors see suburban rentals as a stable, long-term investment.<\/p>\n

In North Carolina, more than 12,398 new, single-family rentals hit the pipeline in 2025, according to a Point2Homes build-to-rent report<\/a>, just behind Texas (28,812), Arizona (13,692) and Florida (13,591).<\/p>\n

The state\u2019s two largest metros, Charlotte and Raleigh, are in the lead with over 5,300 and 2,900 units, respectively.<\/p>\n

\u201cStrong job market, proximity to universities, [and a] growing population of remote workers and students\u201d are fueling the need for high-quality rentals, the report said.<\/p>\n

Other built-to-rent communities include ABODE at Alderwood<\/a> in Apex, Amavi Brier Creek<\/a> in Durham and Crescent Communities\u2019 NOVEL series<\/a> in Morrisville and Durham. Increasingly, developers are targeting fast-growing satellite suburbs, like Wendell, to meet demand.<\/p>\n

Point2Homes used data provided by its sister company, Yardi Matrix, and included only properties defined as single-family homes for rent in communities containing at least 50 units.<\/p>\n

Keep up with the latest Triangle real estate news by subscribing to On the Market, The News & Observer’s free weekly real estate newsletter. Look for it in your inbox every Thursday morning. Sign up here<\/a>.<\/p>\n

Read more 400 homes planned for the Durham-Chapel Hill line. Can the roads handle more traffic?<\/a><\/p>\n

This story was originally published July 10, 2026 at 4:10 PM.<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Oaks at Wendell, a 201-townhome build-to-rent community near Wendell Falls, is leasing now with pools, trails, garages and rents averaging $2,500 per month.<\/p>\n","protected":false},"author":1,"featured_media":4377,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-4378","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-read-todays-edition"],"yoast_head":"\nNew build-to-rent townhomes hit the market in Eastern Wake county. 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