The Highlights
- Stabilized occupancy for individual single family residential properties topped 90% and 97% for properties in the Single Family Residential Fund in August.
- The Arrived Private Credit Fund paid another 8.1% annualized dividend in August. Despite the Fed's 50 BPS rate cut, the fund is expected to continue delivering strong returns between 7% and 9%.
- Invest in the Arrived Single Family Residential Fund and the Arrived Private Credit Fund by Monday, September 30th, to qualify for the next expected dividend payout.
Rental income dividends are paid monthly to your Arrived Cash Balance!
Read more about the Arrived Cash Balance here.
Arrived Single Family Residential Fund
The Single Family Residential Fund properties had 5 new leases starting in August, with 3 leasing above the forecasted rent and a stabilized occupancy of 97%*. See the tables below for details. This fund currently has properties across 19 different markets.
Investors in the Single Family Residential Fund benefit from rental income and any appreciation that occurs when a property is sold. As new properties are added to the fund, its diversification expands.
Arrived Private Credit Fund
With more than 9,000 investors and $15.8M in total value of shares invested, the Arrived Private Credit Fund yielded 8.1% annually in August and added 9 new loans. The Fund currently holds 35 loans, with more being added periodically.
The table below details the 9 loans added to the Arrived Private Credit Fund in August.
Single Family Residential IPOs
In August, 25 new leases were started in Arrived single family residential homes with an average lease duration of 19 months. Of these homes, 15 properties were leased over the forecasted amount!
All rental income generated from Arrived properties benefits its investors by adding to the property’s cash reserves or by being paid out as future monthly dividends.
Overall, Arrived single family residential properties had a stabilized occupancy of 90%* with 307 occupied properties* collecting a total of $644K*+ rent revenue in August.
*All rents included in revenue are per the property’s lease agreement and what we expect to collect for the property’s lease term.
Vacation Rental IPOs
Arrived vacation rentals generated $218,920 in gross booking revenue for 39 booking-ready properties in August.*
The table below presents each vacation rental’s gross booking revenue and guest rating score in August.
It's important to note that vacation rentals are highly seasonal, which may lead to greater gross booking revenue deltas depending on the market or location of the property. Newly bookable vacation rentals typically require more time to reach revenue potential.
Want to stay at an Arrived vacation rental? Add it to your Airbnb wishlist ✨
Guest Review Highlights
"This house was beautiful! Beautiful design and thoughtfully decorated. Spacious and clean! The outdoors area was beautiful. My friends and I sat outside everyday multiple times a day! Shower water was hot & good pressure! Right next to the airport, not far from downtown or scottsdale. Quiet neighborhood and we didn't receive any noise complaints! Look forward to sending people here or coming back!" - Guest review of The Beatbox, 5/5 stars
"My family and I loved our getaway! We were looking for a quiet place to relax, play games, watch movies, eat and laugh after enjoying the National Park and Anakeesta. This beautifully decorated, clean, thought out 3 floor home is just what we needed. Every bedroom comes with a bathroom and balcony. The main floor is an open concept with plenty of light with a huge kitchen dining area. The back deck has plenty of seating and a larger jacuzzi, which we were thankful for after the day's activities. The 3rd floor game and theatre room did not disappoint! We spent most of our time in the game and theatre room, enjoying our evenings as a family. The home is far enough from the touristy area to enjoy the windy back roads yet close enough to all attractions. Our host, Korin, was quick to respond and gave us wonderful suggestions on how to avoid the crazy weekend traffic. We will definitely be back!" - Guest review of The Smokey, 5/5 stars
"This property was just what we needed for our vacation. It was 10+ + + + + +. This house has everything you need from the kitchen to the bedrooms and beyond. Furnishings are updated. The property offers spacious gathering areas and plenty of bedrooms. Korin is a gracious and very responsive. We would definitely come back to stay at this property again. We had an amazing vacation!" - Guest review of The Tiara, 5/5 stars
