Courtyards at Madison Ranch - 1826 W Pollack St, Phoenix, AZ 85041

Courtyard at Madison Ranch is located in Phoenix, Arizona. More specifically, the property is part of the Southwest Phoenix submarket directly across from the South Mountain Pavilion Shopping Center, a major power center, offering residents over 230,000/sf of national & regional retailers on the signalized corner of West Baseline Road and South 19th Avenue. Only 2 miles east on Baseline Rd is a Fry’s Food & Grocery Store as well. The community offers excellent drive by visibility with major frontage on 19th Ave and West Baseline Rd is one of the most traveled thoroughfares south of the I-10 Freeway. South 19th Avenue has direct on and off-ramp access to I-10 and is a major north/south thoroughfare in Phoenix. It is very hard to find such quality living for at affordable prices with all the necessary amenities residents desire, but the Courtyards at Madison Ranch have exceeded expectations. This 82 Home Build For Rent Single Family Residential Investment Portfolio is located in the beautifully designed & gated community in the Courtyards at Madison Ranch. This subdivision is well positioned in the growing Southwest Phoenix submarket, only 5 miles from downtown Phoenix and minutes away from the largest municipal park in the country, South Mountain Park. This Build For Rent (BFR) investment opportunity consisting of 82 Build For Rent (BFR) Detached Single Family Residential Rental investment properties have already begun construction. Residents in the Courtyards at Madison Ranch find great appeal within the securely gated community. Perfect for families looking for well-designed homes with expansive greenbelt areas, pedestrian friendly walkways, picnic areas, playgrounds, gated community pool, and soccer field in the heart of the community for the kids to practice & play! The community, via in place HOA, meticulously maintains front yard landscaping. These 82 quality new build homes for rental investment features an opportunity for Buyer to purchase homes at Certificate of Occupancy and place tenants prior to completion so the investment is immediately cash flowing. Currently, 6 homes are ready for immediate purchase and another 7 will be available at Certificate of Occupancy in October of 2017. This provides an investor an opportunity to have immediate cash flow with the purchase of the first six homes while pre-leasing the next seven to be delivered shortly thereafter. The Courtyard at Madison 82 Home Build For Rent (BFR) portfolio offers almost no capital expenditures for several years after occupancy. The Developer/Builder here is a seasoned Builder, with vast experience in the regional market place and is well known for quality & integrity. Our 82 BFRs offer spacious floor plans throughout, all two story 3 & 4 bed and 2.5 bath homes with two car garages. Rental rates today are between rents between $1450-$1700 per month for these beautiful homes. Pre-Leasing can begin once homes are under contract, as some homes are available for immediate purchase and Builder can quickly finish out the remaining by Q2 of 2018, offering buyer very near term cash flow with a conservatively anticipated year 1 stabilized Cap Rate of 5.69%. Courtyards at Madison Ranch can provide immediate cash flow and return on your investment from day one!