for sale | sfr investment portfolio · pdf file3218 w glendale ave, phoenix, az 85051 phoenix...

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SALE O ALE OVER VERVIEW VIEW PROPER PROPERTY DESCRIPTION Y DESCRIPTION NEW CONSTRUCTION - 40 Home Single Family Residential - Rental (SFR) Portfolio. Great location close to retail and several employment core areas including Grand Canyon University in Phoenix, AZ. These quality new build homes for rental investment features a beautiful Onish level throughout. Reduced capital expenditures for years to come. Quality construction, low cost HOA (optional) with pool and picnic area. Two levels, two-car garage, 3 bedroom and 2.5 baths with three Poorpans and several exterior elevations. (Number of homes available for purchase is subject to change). An exclusive Advanced SFR Scrub Report are geo location map is available. www.SFRhub.com SALE PRICE: $9,750,000 NUMBER OF UNITS: 40 CAP RATE: 7.4% AMENITIES: Pool BUILDING SIZE: 69,592 SF YEAR BUILT: 2017 ZONING: R3 MARKET: Central Phoenix SUB MARKET: Grand Canyon University CROSS STREETS: N 35th Ave And W Glendale Ave 3218 W Glendale Ave, Phoenix, AZ 85051 PHOENIX SFR INVESTMENT PORTFOLIO - 40 NEW BUILD RENTAL HOMES FOR SALE | SFR INVESTMENT PORTFOLIO JEFF CLINE JEFF CLINE Senior Vice President 480.626.0210 [email protected] AZ #SA650889000 MICHAEL FINCH MICHAEL FINCH Senior Vice President 480.626.0219 [email protected] AZ #SA576104000 DAVID LANEY VID LANEY Executive Director 480.719.2496 [email protected] AZ #BR629946000 All Sperry Van Ness® OQces Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. svn. vn.com om

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Page 1: FOR SALE | SFR INVESTMENT PORTFOLIO · PDF file3218 w glendale ave, phoenix, az 85051 phoenix sfr investment portfolio - 40 new build rental homes for sale | sfr investment portfolio

SSALE OALE OVERVERVIEWVIEW PROPERPROPERTTY DESCRIPTIONY DESCRIPTION

NEW CONSTRUCTION - 40 Home Single Family Residential - Rental (SFR)Portfolio. Great location close to retail and several employment core areasincluding Grand Canyon University in Phoenix, AZ. These quality new buildhomes for rental investment features a beautiful Onish level throughout.Reduced capital expenditures for years to come. Quality construction, lowcost HOA (optional) with pool and picnic area. Two levels, two-car garage, 3bedroom and 2.5 baths with three Poorpans and several exterior elevations.(Number of homes available for purchase is subject to change).

An exclusive Advanced SFR Scrub Report are geo location map is available.

www.SFRhub.com

SALE PRICE: $9,750,000

NUMBER OF UNITS: 40

CAP RATE: 7.4%

AMENITIES: Pool

BUILDING SIZE: 69,592 SF

YEAR BUILT: 2017

ZONING: R3

MARKET: Central Phoenix

SUB MARKET: Grand CanyonUniversity

CROSS STREETS: N 35th Ave And WGlendale Ave

3218 W Glendale Ave, Phoenix, AZ 85051

PHOENIX SFR INVESTMENT PORTFOLIO - 40 NEW BUILD RENTAL HOMES

FOR SALE | SFR INVESTMENT PORTFOLIO

JEFF CLINEJEFF CLINE

Senior Vice [email protected] #SA650889000

MICHAEL FINCHMICHAEL FINCH

Senior Vice [email protected] #SA576104000

DDAAVID LANEYVID LANEY

Executive [email protected] #BR629946000

All Sperry Van Ness® OQces Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

ssvn.vn.ccomom

Page 2: FOR SALE | SFR INVESTMENT PORTFOLIO · PDF file3218 w glendale ave, phoenix, az 85051 phoenix sfr investment portfolio - 40 new build rental homes for sale | sfr investment portfolio

3218 W Glendale Ave, Phoenix, AZ 85051

PHOENIX SFR INVESTMENT PORTFOLIO - 40 NEW BUILD RENTAL HOMES

FOR SALE | SFR INVESTMENT PORTFOLIO

JEFF CLINEJEFF CLINE

Senior Vice [email protected] #SA650889000

MICHAEL FINCHMICHAEL FINCH

Senior Vice [email protected] #SA576104000

DDAAVID LANEYVID LANEY

Executive [email protected] #BR629946000

All Sperry Van Ness® OQces Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

ssvn.vn.ccomom

Page 3: FOR SALE | SFR INVESTMENT PORTFOLIO · PDF file3218 w glendale ave, phoenix, az 85051 phoenix sfr investment portfolio - 40 new build rental homes for sale | sfr investment portfolio

3218 W Glendale Ave, Phoenix, AZ 85051

PHOENIX SFR INVESTMENT PORTFOLIO - 40 NEW BUILD RENTAL HOMES

FOR SALE | SFR INVESTMENT PORTFOLIO

JEFF CLINEJEFF CLINE

Senior Vice [email protected] #SA650889000

MICHAEL FINCHMICHAEL FINCH

Senior Vice [email protected] #SA576104000

DDAAVID LANEYVID LANEY

Executive [email protected] #BR629946000

All Sperry Van Ness® OQces Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

ssvn.vn.ccomom

Page 4: FOR SALE | SFR INVESTMENT PORTFOLIO · PDF file3218 w glendale ave, phoenix, az 85051 phoenix sfr investment portfolio - 40 new build rental homes for sale | sfr investment portfolio

3218 W Glendale Ave, Phoenix, AZ 85051

PHOENIX SFR INVESTMENT PORTFOLIO - 40 NEW BUILD RENTAL HOMES

FOR SALE | SFR INVESTMENT PORTFOLIO

JEFF CLINEJEFF CLINE

Senior Vice [email protected] #SA650889000

MICHAEL FINCHMICHAEL FINCH

Senior Vice [email protected] #SA576104000

DDAAVID LANEYVID LANEY

Executive [email protected] #BR629946000

All Sperry Van Ness® OQces Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

ssvn.vn.ccomom

POPULAPOPULATIONTION 1 MILE1 MILE 3 MILES3 MILES 5 MILES5 MILES

TOTAL POPULATION 20,806 199,153 478,835

MEDIAN AGE 35.3 30.5 31.5

MEDIAN AGE (MALE) 32.1 29.3 30.7

MEDIAN AGE (FEMALE) 38.2 31.7 32.3

HOUSEHOLDS & INCHOUSEHOLDS & INCOMEOME 1 MILE1 MILE 3 MILES3 MILES 5 MILES5 MILES

TOTAL HOUSEHOLDS 7,042 69,239 167,677

# OF PERSONS PER HH 3.0 2.9 2.9

AVERAGE HH INCOME $50,768 $47,094 $51,952

AVERAGE HOUSE VALUE $229,868 $205,173 $241,836

Page 5: FOR SALE | SFR INVESTMENT PORTFOLIO · PDF file3218 w glendale ave, phoenix, az 85051 phoenix sfr investment portfolio - 40 new build rental homes for sale | sfr investment portfolio

3218 W Glendale Ave, Phoenix, AZ 85051

PHOENIX SFR INVESTMENT PORTFOLIO - 40 NEW BUILD RENTAL HOMES

FOR SALE | SFR INVESTMENT PORTFOLIO

JEFF CLINEJEFF CLINE

Senior Vice [email protected] #SA650889000

MICHAEL FINCHMICHAEL FINCH

Senior Vice [email protected] #SA576104000

DDAAVID LANEYVID LANEY

Executive [email protected] #BR629946000

All Sperry Van Ness® OQces Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

ssvn.vn.ccomom

JeN ClineSenior Vice PresidentSVN | RealStar Advisors

Mr. Cline has worked with top industry professionals and has personaladvanced knowledge and experience in small to very large-scalecommercial real estate brokerage, asset management, acquisition,Onancing, development and construction segments. As a principal,Mr. Cline has completed approximately $2+ billion of commercial realestate property development and construction in most segmentsincluding approximately 22,000 multifamily units.

Mr. Cline’s speciOc experience includes commercial real estateleadership in general management, team building and managing,corporate and construction Onancing, business development, assetmanagement, property management, development management,marketing, disposition of new construction projects includingmulti-family, hotel, oQce, industrial and senior assisted livingproperties.

JeN’s top executive and mid-management level combined withfront-line experience across most segments of commercial realestate in retail / management operations, design and generalcontracting, development, Onancing, property management and realestate brokerage.

Over 38+ years, JeN has established an expanding local and nationalnetwork of industry leaders as partners, clients and associates.

www.SFRhub.com

Phone: 480.626.0210

Email: [email protected]

AZ #SA650889000

Fax: 480.499.8395

Cell: 480.442.8395

Address: 10789 N. 90th St.

Suite 203

Scottsdale, AZ 85260

Page 6: FOR SALE | SFR INVESTMENT PORTFOLIO · PDF file3218 w glendale ave, phoenix, az 85051 phoenix sfr investment portfolio - 40 new build rental homes for sale | sfr investment portfolio

Michael Finch

3218 W Glendale Ave, Phoenix, AZ 85051

PHOENIX SFR INVESTMENT PORTFOLIO - 40 NEW BUILD RENTAL HOMES

FOR SALE | SFR INVESTMENT PORTFOLIO

JEFF CLINEJEFF CLINE

Senior Vice [email protected] #SA650889000

MICHAEL FINCHMICHAEL FINCH

Senior Vice [email protected] #SA576104000

DDAAVID LANEYVID LANEY

Executive [email protected] #BR629946000

All Sperry Van Ness® OQces Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

ssvn.vn.ccomom

Senior Vice President

Michael Finch began his successful career over 10 years ago inPhoenix, Arizona. Mr. Finch was able to expand his expertise fromcommercial and sales and development. He has developed broadlocal and national relationships with the top ranked high density midto large scale developers for Commercial Mixed Use & MultifamilyDevelopment.

As markets shiRed, Mr. Finch leveraged lender relationships formed inprevious years, to plan and begin distressed real estate disposition.Michael was able to develop and grow these relationships to becomean integral part of the acquisition and disposition team. Michael hasdeveloped and managed an extensive pipe line of lender ownedassets, short sales, and portfolio note sales. Michael has continued todeliver value add deals for existing multifamily assets as well asseveral income producing segments to his growing client base.

With an extensive national network, Mr. Finch has been successfuland enjoys being an integral partner for client teams focused on largescale income producing portfolios which include existing multifamily,retail, oQce, medical & hospitality assets.

www.SFRhub.com

SVN | RealStar Advisors

Phone: 480.626.0219

Email: [email protected]

AZ #SA576104000

Cell: 480.797.9825

Address: 10789 N. 90th St.

Suite 203

Scottsdale, AZ 85260

Page 7: FOR SALE | SFR INVESTMENT PORTFOLIO · PDF file3218 w glendale ave, phoenix, az 85051 phoenix sfr investment portfolio - 40 new build rental homes for sale | sfr investment portfolio

PHOENIX SFR INVESTMENT PORTFOLIO - 40 NEW BUILD RENTAL HOMES | 40 UNITS | PHOENIX, AZ

DISCLAIMER

All SVN® OQces Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

The material contained in this ONering Brochure is furnished solely for the purpose of considering the purchase of theproperty within and is not to be used for any other purpose. This information should not, under any circumstances, bephotocopied or disclosed to any third party without the written consent of the SVN® Advisor or Property Owner, or usedfor any purpose whatsoever other than to evaluate the possible purchase of the Property.

The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed inthis proposal, and no other person is authorized by the Owner to provide any information or to make anyrepresentations other than contained in this ONering Brochure. If the person receiving these materials does not chooseto pursue a purchase of the Property, this ONering Brochure must be returned to the SVN Advisor.

Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy orcompleteness of the information contained herein, and nothing contained herein is or shall be relied upon as a promiseor representation as to the future representation of the Property. This ONering Brochure may include certain statementsand estimates with respect to the Property. These Assumptions may or may not be proven to be correct, and there canbe no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and allliability for representations or warranties, expressed or implied, contained in or omitted from this ONering Brochure, orany other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled torely solely on those representations and warranties that may be made to it in any Onal, fully executed and delivered RealEstate Purchase Agreement between it and Owner.

The information contained herein is subject to change without notice and the recipient of these materials shall not lookto Owner or the SVN Advisor nor any of their oQcers, employees, representatives, independent contractors or aQliates,for the accuracy or completeness thereof. Recipients of this ONering Brochure are advised and encouraged to conducttheir own comprehensive review and analysis of the Property.

This ONering Brochure is a solicitation of interest only and is not an oNer to sell the Property. The Owner expresslyreserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property andexpressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any timewith or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the ONeringBrochure or making an oNer to purchase the Property unless and until the Owner executes and delivers a signed RealEstate Purchase Agreement on terms acceptable to Owner, in Owner’s sole discretion. By submitting an oNer, aprospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and theSVN Advisor from any liability with respect thereto.

To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchasershould not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate PurchaseAgreement shall bind the property and each prospective purchaser proceeds at its own risk.

Page 8: FOR SALE | SFR INVESTMENT PORTFOLIO · PDF file3218 w glendale ave, phoenix, az 85051 phoenix sfr investment portfolio - 40 new build rental homes for sale | sfr investment portfolio

JEFF CLINEJEFF CLINE

Senior Vice [email protected] #SA650889000

MICHAEL FINCHMICHAEL FINCH

Senior Vice [email protected] #SA576104000

DDAAVID LANEYVID LANEY

Executive [email protected] #BR629946000

All Sperry Van Ness® OQces Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

ssvn.vn.ccomom

3218 W Glendale Ave, Phoenix, AZ 85051

PHOENIX SFR INVESTMENT PORTFOLIO - 40 NEW BUILD RENTAL HOMES

FOR SALE | SFR INVESTMENT PORTFOLIO