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2023 June Operating Highlights

As we come together to celebrate the spirit of freedom and unity, we want to express our heartfelt gratitude to every investor in the Ark7 community. This holiday, we hope to bring you extra “landlord” joy with passive income from your portfolio nationwide.

Ark7 Portfolio at a Glance

We are distributing $59,364.31 in rental dividends in June, reflecting an annualized rate of return of 4.59%. Two properties, Philadephia-D2 and Dallas-S7, generated 6%+ rates of return. Other properties with 5%+ rental dividend returns include popular homes in Chandler, AZ, Tampa, FL, and Berkeley, CA.

Leases Renewed with 6% Avg Rent Increase

In the first half of 2023, we successfully renewed 7 leases within the Ark7 portfolio. This achievement not only highlights the strong relationships we have cultivated with our tenants but also signifies the growing value of our investments. As an Ark7 investor, you can expect consistent rental dividend returns in the next 12 months, supported by the positive impact of these lease renewals.

Properties with recent lease renewal

In the first half of 2023, we successfully renewed 7 leases within the Ark7 portfolio. All leases are renewed with a 12-month long-term rental contract.
All leases are renewed with a 12-month long-term rental contract.

Where to find my lease info?

You can find lease info on respective property listing pages. Monthly rent is displayed upfront in the introduction. Current rental status, when you scroll down the listing, shows remaining lease terms and occupancy rate for the next 12 months.

Current rental status, when you scroll down the listing, shows remaining lease terms and occupancy rate for the next 12 months.

Other June Highlights

Seattle-D1 goes Airbnb

Officially launched, our second Airbnb offering is just a 5-minute drive from the University of Washington campus. Book your stay next time you’re in town!

Atlanta-T4, the 2020 new construction Townhome is on the hot watch list for anyone who wants to add Atlanta to their portfolio. Atlanta-T3 Sold Out, T4 40% Gone

Located in the same community, the 2020 new construction Townhome is on the hot watch list for anyone who wants to add Atlanta to their portfolio.

 

Buy Dallas-S9 shares now to qualify for a minimum rate of cash distributions (4.50% and higher) for 12 months.* Dallas-S9 Min 4.5% Special Offer

Buy Dallas-S9 shares now to qualify for a minimum rate of cash distributions (4.50% and higher) for 12 months.*

 

 

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