Covey Homes by MORE announced today that it has acquired Cottages at Lexington, a newly built residential community in Athens, GA. The 200-home single-family rental community is now Covey Homes Lexington.

Construction on the charming, gated neighborhood of single-story, ranch-style homes concluded in January 2023. Richly landscaped and conveniently located near Athens' Southeast Clarke Park and a variety of restaurants, entertainment and shopping options, Covey Homes Lexington also has an expansive clubhouse, fitness center, swimming pool and dog park.

"This community is an ideal fit for Covey Homes by MORE,'' said Mark Alfieri, CEO of MORE Residential, which owns and operates the Covey Homes brand along with its financial partner Stockbridge. "With its superb location and the quality of design, construction and amenities, Covey Homes Lexington offers the type of unique home-rental experience that defines the Covey Homes by MORE brand.''

With the acquisition, Covey Homes by MORE now owns and manages 10 communities in the Southeast, offering an unparalleled single-family rental home experience at an accessible price relative to home ownership.

Each community offers a tech-enabled lifestyle, beginning even before move-in with self-guided tours of homes with the upcoming addition of easy-to-use smart-home capabilities. Communities consist of 50 or more homes with modern finishes and high-quality amenities.  Learn more at CoveyHomesbyMORE.com