Created date: January 23, 2024
Date last updated: December 2, 2024
- LOWER COST OF INSURANCE: Due to the properties being built to current building code requirements, insurance premiums are much lower than older construction homes.
- LOWER 1st-YEAR PROPERTY TAXES: The property appraiser typically does not adjust the property's taxable value until the year after the property receives a Certificate of Occupancy. As a result, year-one taxes are generally based on the lot value, not the value of the entire home. This typically results in a much higher return during the first year.
- LOWER COST OF MAINTENANCE: In addition to the properties being brand new with zero deferred maintenance, the properties are covered by a comprehensive builder warranty during the first year of ownership and then by a 2-10 builder defect policy for up to 10 years after closing.
- LOWER COST OF TURNOVER: With the property being designed and built with tenants in mind, turn costs are significantly reduced by installing durable finishes such as granite countertops and luxury vinyl plank flooring.
- LOWER VACANCY & CREDIT LOSS: Historically, our new construction homes have seen longer tenancies and lower credit loss.
Property Description
Contact:
TOM JOHNSTON
Managing Director | Designated Broker
SVN | SFRhub Marketplace
T: 602.441.5354
C: 602.403.3695
[email protected]
License #: BR507919000
BOR:
Peggy Funk
Suncoast Property Management LLC
Broker
New Home Construction Investor Incentive Seller Financing Program
Best in Market Seller Financing Structured For the SFR & BFR Investors: Interest rates range from 4.25% - 5.50% for qualified investors, whether you buy one home, a portfolio of homes, and/or a Build For Rent community. On top of this, Seller is offering 2 years of free property management offered
New Construction Focus: We excel in building brand new homes with a one-year builder warranty, and we also provide a 2-10 extended warranty, ensuring the highest quality and peace of mind for our investors.
Why Build-To-Rent?: Our strategic focus on low-density properties such as single-family homes, duplexes, and quads in thriving Florida markets has resulted in over 2500 properties built for our investor base, consistently delivering reliable returns. The seller’s current build cycle is over 5000 lots with plenty of inventory if you want to aggregate homes over time.
Client Benefits: By partnering with us, our clients gain financial security, enhanced lifestyle options, and the ability to create lasting legacy investments for future generations.