5 Locations

This is a rare opportunity to acquire the leased-fee (lessor) interest in a five-property residential ground-lease portfolio across Scottsdale, Tempe, and Mesa — three single-family homes, one triplex, and one fourplex, ten residential units in total. The owner holds the land and collects an in-place ground rent of approximately $31,707 per year that increases 17.5% every five years by contract. The leases are absolute-net: the lessees pay all property taxes, insurance, maintenance, and capital costs, leaving the owner with no operating responsibilities. Roughly 93 to 97 years remain on the 99-year terms, at the end of which the land and all improvements revert to the owner at no cost. With an estimated underlying fee-simple value of approximately $3.26 million against a portfolio price of $1,100,000, the offering pairs durable, rising income with a deep discount to underlying real-estate value — a profile suited to 1031 exchange buyers, family offices, estate-planning strategies, and self-directed retirement accounts. Offered exclusively as a single five-property portfolio.