About Us
We Work to Unite Residential Investors
AZ Flat Fee is a real estate company like no other. Through the purchase or sale of a single home to multiple portfolios, we are here to bring investors together at a fraction of the cost. Our full service model and custom back end platform creates efficiency at scale, saving our investors time and money. We return increased profitability to our clients, and they simply return to use our services time and time again.
RSJ PORTFOLIO OVERVIEW
Overview
These homes have been diligently managed and rented for an extended period of time, some with tenants for 10 years. As active listings remain in short supply, residential rentals continue to provide a shelter for conservative long term appreciation and rental demand.
Market Rent Gap
Rents have not been increased for many units, leaving an upside gap by adjusting to market rates
Value Add
Current homes meet current renter needs, but additional rehab before resale or renewed lease will add value to rent rates and total portfolio value
Long-Term Investment
Maricopa county is making intentional investments in infrastructure to support the ongoing population growth and relocation here, resulting in long term appreciation opportunity
Offering Summary
Valuation: $16,000,000
Unit Count: 50
Gross Rents: $1,087,788
Property Tax: $55,906
Insurance: $36,706
Prop Mgt Fees: $30,000
Net Income: $965,176
Cap Rate: 6.03%
2 Bed Units: 4 ~ Avg Sqft: 1,130
3 Bed Units: 35 ~ Avg Sqft: 1,491
4 Bed Units: 12 ~ Avg Sqft: 1,783
5 Bed Units: 2 ~ Avg Sqft: 2,726
Large Performing Portfolio
with Upside Potential
To request a detailed list of properties, please submit your information:
Local Market
Phoenix, Arizona has seen a surge in demand for single-family rental homes. This is due to a combination of factors, including an influx of people moving to the area, a lack of affordable housing options, and a growing preference for rental living among certain demographics. Real estate investors are taking notice of this trend, with many purchasing homes and converting them into rental properties to meet the demand. Tenants are generally looking for amenities such as large outdoor spaces and updated appliances, and are willing to pay a premium for these features. Despite concerns about rising rent costs and the impact on homebuying affordability, the trend shows no signs of slowing down as more people flock to Phoenix in search of a comfortable and convenient place to call home.
The Phoenix metro market is expected to experience continued appreciation in the value of single-family homes over the next decade. Factors such as population growth, a strong economy, and a low unemployment rate are driving demand for housing. In addition, the area’s growing tech industry is attracting more and more workers relocating and seeking short term and long term housing. While rising interest rates and a potential economic slowdown could impact the market, experts predict that Phoenix’s real estate market will remain stable and continue to appreciate. As far as security is concerned, the city has invested heavily in public safety infrastructure and has a low crime rate, which adds to the area’s attractiveness for families looking for a safe place to call home. Overall, the projected growth in Phoenix’s real estate market over the next decade makes it an appealing location for investors and homeowners alike.
Company Benefits
Transparency
Providing all relevant facts and information to produce an informed offering and subsequent sale without challenges or issues of discovery
Easy Management
With a clean and custom back end solution, we manage all the details whether you intend to keep tenants in place or turn the assets
Full Service
From start to finish, we manage the details so you don't have to. From closing to rekey our systems and contractors are here to make your life easy
Contact Us Anytime
Richard Harless is the Managing Partner for AZ Flat Fee and
deals directly with portfolio acquisition and disposition.
Direct Line:Â 623-323-7549
Email:Â Richard@azflatfee.com
