This Build For Rent (BFR) investment opportunity consists of 198 fee simple lots to be built as Single Family Residential Rental properties. The rental subdivision is located in San Tan Heights, Pinal County, which is an expanding submarket in South East Valley. These quality new build homes for rental investment features an opportunity for Buyer to work with Builder to determine the floor plan mix to optimize your return and to select finish level selection of the investment portfolio.

San Tan Heights is an absolutely gorgeous master-planned community nestled in the foothills of the San Tan Mountains and located in Queen Creek, San Tan Valley, Arizona. San Tan Valley is growing again as several builders are currently offering new builds in San Tan Heights including Elite, Shea, KB Homes, Hacienda, Brown, Homelife, Scott, Beazer, LGI, Meritage and Lennar. Build For Rent (BFR) properties offer almost no capital expenditures for several years after occupancy. The Developer/Builder here has over 30 years of National Home Building experience and is well known for quality & efficiency.

Currently there are several different floor plans being offered averaging 2,050/sf in size (Design, size and number of homes is subject to change); rental rates averaging $1640 per month for these beautiful homes. Pre-lease the homes for closing at certificate of occupancy creating an immediate cash flow and return on your investment from day one!

Location Description:

San Tan Valley is located in the unincorporated area between the towns of Queen Creek to the north and west, Apache Junction to the north, and Florence to the south. The area is also bound by the San Tan Mountains Regional Park on the west and the Gila River Indian Community on the southwest. The area consists largely of master planned communities, such as Johnson Ranch, Ironwood Crossing, Pecan Creek South, Morning Sun Farms, San Tan Heights, Skyline Ranch, Copper Basin and Circle Cross Ranch.

Highlights:

>> Increase Your IRR & Yield with a New Build For Rent SFR Investment Portfolio With Low/No Capital Expenditures

>> Growing Submarket with Increasing in House Hold Formation

>> 198 Build For Rent (BFR) Detached Single Family Residential Rental Investment Portfolio

>> Homes are 3 and 4 Bedroom Averaging 2050/sf per home with 2 car garages

>> Close Access to Retail, Shopping, Schools, Parks, and Biking & Hiking Trails

>> Experienced National Home Builder Provides Homes at Certificate of Occupancy (C.O.)

>> Builders Warranty Brand New Homes with Greatly Reduced Capital Expenditure Reserves for Many Years