D.R. Horton (DHI) launched Arcadia in Denver's Dayton Triangle Neighborhood

D.R. Horton, Inc. (NYSE:DHI) is one of the Undervalued Cyclical Stocks to Buy According to Hedge Funds. On July 29, D.R. Horton, Inc. (NYSE:DHI) announced that its Colorado division has launched Arcadia, a new paired home community in Denver’s Dayton Triangle neighborhood.

The sales for this community have already started. Arcadia features two-story paired homes sized between 1,480 and 1,514 square feet, and aims to cater to the growing demand for new homes in the city. The community is situated around 10 miles from downtown Denver, and residents can access parks, trails, and recreation spots like Cherry Creek State Park and Kennedy Golf Course.

D.R. Horton, Inc. (NYSE:DHI) is a homebuilding company that constructs and sells residential homes across multiple states in the United States.

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Disclosure: None. This article is originally published at Insider Monkey.