Model Leaseback: A Different Way to Invest in New Construction
A model leaseback offers investors a way to own new construction real estate with an established lease arrangement. With ĒCCO Homes, investors can purchase select model homes in Prescott, then lease the property back to ĒCCO Homes while it continues to be used as a model.
The investor purchases a ĒCCO Homes model home, then leases it back to ĒCCO for an agreed-upon period. ĒCCO remains the tenant and continues using the property as a model while the investor owns the home and receives lease payments according to the agreement. When the lease ends, the investor decides what comes next for the property. Unlike a traditional rental, there is no immediate need to find a tenant.
New construction can offer investors a lower-maintenance starting point than an older property that may require repairs or renovations. ĒCCO Homes builds energy-efficient residences with modern features and a 10-year warranty. Model homes also come professionally designed and furnished, with finishes, fixtures and décor selected to showcase the community. During the leaseback, ĒCCO continues to maintain the home as a model.
Finding and managing tenants can be one of the more hands-on parts of owning a rental property. With a model leaseback, ĒCCO Homes is the tenant during the agreed-upon lease term, offering a potentially more streamlined way to own new construction real estate.
Select model leaseback opportunities are available in Prescott. Availability, pricing and lease terms vary by home and community.
A model leaseback may be worth exploring if you’re looking for:
- New construction real estate
- Potential income during an established lease term
- A professionally designed model home
- A potentially lower-touch ownership experience
- An opportunity to invest in Northern Arizona
As with any investment, review the purchase and lease terms carefully and consult with your financial, tax and legal advisors.
Select ĒCCO Homes model leaseback properties are available in Prescott. Contact ĒCCO Homes to learn more about current opportunities, pricing and lease terms.