Short Term Seasonal or Leases in Arizona's Land Lease Retirement Communities

Active Resort Properties Management Group, LLC and the azActiveResorts.com website specialize in fully furnished seasonal leases, marketing, sales and property management of park models and manufactured homes located in Arizona’s Premier Retirement Communities.

Utilizing these types of properties for rental income can be an effective way to generate immediate cash flow and may assist in minimizing the costs (see below) related to “land lease home ownership”.

Having housed thousands since 1994, our comprehensive rental placement, facilitation and management services provide the benefit of allowing our clients “hands free homeownership” and peace of mind while experiencing their own retirement freedom.

Seasonal Leases

Seasonal leases vary in duration of time but typically occur somewhere during the months from October through April (our cooler months). Most requests are for the months of Jan, Feb, and/or March. Our tenants are screened according to community criteria as well as the standards set by our clients. Home owner(s) are responsible for the expenses of preparation, repairs/cleaning, guaranteed inventory and maintenance during the rental term. Tenants are typically responsible for their use of the utilities including phone, cable and internet but such utilities may be included in the rental rate with a cap on use (i.e. Rental rate includes utilities up to $100 per/mo after which tenant is responsible). Tenants are advised to obtain a “renters insurance policy” to cover their personal items while residing in the home.

Expenses

Other costs (besides the monthly space rent and utilities) which are associated with owning a rental income property in a land lease community are as follows:

Homeowners insurance ($350-$900)
(Higher premiums if the property is being used exclusively for rental income)
Property taxes ($400-$700) (Depends on County location and assessed value)
Home warranty (Approx. $350 p/year, $45 service call, some exclusions)
Landscaping maintenance $300.00 per year depending on the amount of trees, bushes or other plants located on the property)
Pest Control $200 per year

Facilitation and Management Fees
Our fee for facilitating the placement of the tenant and management of the rental is twenty percent of the rental rate.

Facilitation and Management Services:

We provide:

Qualified tenants
Screening and residency approval
Negotiated rental rates and terms
Contract generation
Authorization to Lease and Management Agreement for Home Owners/Clients
Tenant Agreement for Tenants

Coordination of property preparation including inventory control, landscaping, cleaning, safety/quality inspections, check-in and check-outs, pest control, maintenance/service calls, rental statements (owner, tenant), collection and disbursement of rental proceeds, damage deposit refunds.


Other Information:

Land Lease Fees “Space Rent” may be paid annually or monthly depending on each Communities Lease Agreement (Legal agreement between the homeowner and land owner), Statement of Policy, and/or Rules and Regulations of the various communities. These range from $200-$700 per month depending on area and community.


Utility Billings are either handled through the community or directly by the utility provider. Note: Some communities read their own meters and bill each resident for utilities (such as water/sewer/garbage electric/gas on one monthly bill) while in other communities, the utility services providers both read the meters and bill each resident.



Utility accounts are normally maintained in the homeowner’s name, billed directly to homeowner and then reimbursed by the tenant at the end of the rental term.


Prefer to Sell? Rental income may be generated, to cover expenses, while a home is being actively marketed for sale by our marketing and sales department. All sales are contingent upon the fulfillment of the lease.

For more information on any of our services or those offered by our affiliated companies including Real Estate Sales/Property Management and Seller and Bank Financing/Refinancing, please feel free to contact our office at 1-800-478-3864.

Call today to request the Seller Questionnaire to receive a FREE MARKET VALUE ANALYSIS on an existing property or the Perfect Match Questionnaire to locate a home, community and area which best meets your criteria.

Thank you for this opportunity to serve you!