Address: 9190 N 83rd Ave, Peoria, AZ 85345, USA
Address: 920 W Combs Rd, Queen Creek, AZ 85140, USA
Address: 4343 S 103rd Ave, Tolleson, AZ 85353, USA
Apartments | Garden Style
Created date: November 14, 2023
Date last updated: November 27, 2023
is please to present the opportunity to acquire the three property VLUX
Portfolio - VLUX
at Peoria Heights, VLUX
at Queen Creek and VLUX
at Sunset Farms. These newly constructed, Build-to-Rent communities, were developed by well known national developer, Van Tuyl
Companies and built by Hancock Builders. Investors have an opportunity to offer on the assets individually or as a portfolio purchase.
The assets features top of the market interiors with advanced smart home technology and a resort-inspired amenity package. The communities represents a highly sought after opportunity for investors to expand in the ever growing Build-to-Rent space, while operating as a conventional multifamily community and utilizing traditional multifamily financing.
Build-to-Rent communities offers investors the efficiency of renting like a traditional multifamily asset, while providing residents the benefits of a lower density, single-family home lifestyle. The Build-to-Rent product type continues to outperform conventional multifamily apartments due to unrivaled functionality for residents that surpasses traditional multifamily living. Higher consumer interest translates into higher rents
and occupancy rates as well as lower capital and operating costs than traditional multifamily.