CBH Homes, the local homebuilder formerly known as Corey Barton Homes, launched a new rental division known as CBH Rentals.
The company got the concept off the ground quietly last fall, with the release of 11 newly-built homes made available as rentals. The Victory South development sits off Eagle Rd. in Meridian near Victory Rd. The company said the homes leased up within two weeks. Another batch of 11 homes will hit the market later this month.
A second project – an apartment complex off Franklin Rd. near Linder Rd. in Meridian will start leasing up next month. That project, branded as 12 Oaks at Ten Mile, includes 106 apartment units. CBH included higher-end touches like granite, stainless steel appliances and vinyl plank flooring in the apartments. The first 32 units will come on the market in March.
CBH Rentals to serve adjacent market
CBH says it wants to help folks even if they aren’t in a home-buying mode.
“CBH wants to do what’s best for their customers no matter what stage in life or living situation they are (in), CBH Homes President Ronda Conger said. “Whether you are needing to rent or are ready to buy a new home. We are here for you and ready to make your dreams a reality.”
CBH will also offer a “lease to buy” program, where a portion of monthly rent can go toward a down payment on a home purchase.
Property Records show Open Door Rentals LLC owns the properties, a separate entity which lists CBH president Corey Barton as owner.
The company says it has three additional rental projects in the works, and will offer options in Meridian, Kuna, and Nampa. It currently looks to build out more than 500 rental units.
CBH says it is Idaho’s largest homebuilder, and currently lists 55 communities in the Treasure Valley with available homes.
Correction: Because of incorrect information provided to BoiseDev, an earlier version of this story misstated the number of units CBH plans to build for rental use.