LGI Homes Opens First Community in California
18 June 2018 - 9:00PM
LGI Homes, Inc. (Nadaq:LGIH) has expanded operations into the state
of California with the opening of Liberty, a new community in the
East Bay area, centrally located between Sacramento and San
Francisco.
At Liberty, LGI Homes is introducing a variety of floor plans
ranging in size from 1,500 sq. ft. to over 2,100 sq. ft. These
move-in ready homes feature thoughtfully designed layouts and
include beautiful granite counters, energy-efficient appliances,
fenced backyards, covered porches and attached 2-car garages.
“Interest in the new community is already robust,” said Chris
Kelly, President of the company’s West Division. “Homebuyers are
intrigued by the quality-built, yet affordable homes that start at
$1,899 per month.* Many of our customers are currently in a rental
situation and are excited to hear that they can own a move-in ready
home for less than they are currently paying in rent.”
Liberty is a short drive from the Sacramento River where
residents will enjoy a myriad of outdoor recreation options.
Camping, picnicking and boating opportunities are available at
nearby Sandy Beach County Park. Additionally, Brannan Island State
Recreation Area offers opportunities for hiking, fishing, swimming,
windsurfing and wildlife viewing.
“With the outpouring of demand at Liberty, we are off to a great
start in California. We are looking forward to continued growth in
the state,” said Chris Kelly.
New homes at Liberty are now available for purchase starting
from the $340s. Zero down financing options are available for
qualified buyers. To schedule an appointment, interested homebuyers
are encouraged to call (866) 678-7173 ext 714 or visit
www.LGIHomes.com.
*P & I. Price $349,900, 5.25% Fixed/6.333% APR, 3.5% Down,
FHA 30 Year, on approved credit from third party lender. Other fees
such as taxes, insurance and HOA are not included in the sample
monthly payment amount. Prices and rates are subject to change
without notice. CAL DRE #02064225.
About LGI Homes Headquartered in The
Woodlands, Texas, LGI Homes, Inc. engages in the design,
construction and sale of homes
in Texas, Arizona, Florida, Georgia, New
Mexico, Colorado, North Carolina, South
Carolina, Washington, Tennessee, Minnesota and
Oklahoma. The Company has a notable legacy of more than 15 years of
homebuilding operations, over which time it has closed over 24,000
homes. For more information about the Company and its new home
developments please visit the Company’s website
at www.LGIHomes.com.
MEDIA CONTACT: Rachel Eaton (281) 362-8998 ext. 2560
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/1057856e-3b4b-4ed2-84b7-3e1bfd54aaf0.
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