fbpx

2024 April Operating Highlights

Our enhanced Trading Market is widely praised by investors for its seamless integration of data-driven insights into trading and liquidation processes. 

Now, within the order detail, you can review the completed transaction total gain and gain percentage, to reflect your realized appreciation. This feature is set to extend to portfolio and property levels in our upcoming releases. 

As we prepare for the next Open Offering, we invite you to explore the Trading Market and grow your portfolio with confidence.

Ark7 Portfolio at a Glance

This month we are distributing total dividends of $57,197.06 to investors, a 4.11% annualized cash return. While working towards a busy lease renewal season, the portfolio remains healthy, especially our single-family offerings.

A special shoutout to the star performers:

Lease Renewals

Memphis-M4 Three units have just signed new one-year leases, making total occupancy 86% for this 14-unit property. The remaining 2 vacant units are undergoing remodeling to improve their market appeal to future tenants. 

Chicago-C1 The lease was extended until mid-November, securing another six months of a 6%+ dividend return from this mid-term rental condo. The popularity and healthy occupancy are solid validations of our acquisition strategy adjacent to the renowned medical district in downtown Chicago.

The portfolio occupancy rate stands at 78% as we head into May. The team is actively working on backfilling tenants while seizing the opportunity to complete major improvement projects during vacancies.

Property Highlights

Chandler-S5

Uniquely designed SFH (5,000+ sq ft lot) near Intel and essential amenities. The long-term rental lease has just been renewed!

Austin-S3

A luxury single-family home just 7 miles from the Apple Campus and close to all essential living amenities. The lease has been renewed until mid-2025. Shares are now available for trading!

Seattle-D1

Mixed rental Duplex near the University of Washington with 4%+ cash returns and good appreciation potential. 

Scroll to Top