ArrivedHomes: New Offerings This Week

The fractional real estate platform, Arrived Homes, has announced new offerings for rental home investments. Fractional real estate makes it feasible for individual investors without the ability to buy properties themselves to add real estate to their portfolios. 

Investing in real estate has had a high financial barrier that made it difficult for average investors to participate. With fractional investment, investors can own real estate and receive passive income without the everyday hassle of property management and playing the role of landlord. With returns coming in the form of rents received as well as potential capital gains once the property sells, fractional real estate continues to become a more attractive asset class for investors looking to diversify their portfolios.

With nine available offerings on the platform beginning March 21, 2023, the first seven of the nine properties are located within or near Atlanta’s metropolitan area. The Atlanta-Sandy Springs-Rosewell metropolitan statistical area (MSA) has a population of over 6 million people, making it the ninth largest in the United States. Atlanta’s economy is diverse and growing with the presence of aerospace, transportation, film, media, medical services, business services and information technology industries. 

The Bennett

Photo courtesy of ArrivedHomes

The Bennett is a three-bedroom, two-bathroom, single-family home in Newnan, a metropolitan city of Atlanta, Georgia. The home features a new roof, updated fixtures, appliances and spacious living areas. Outside the home is a large covered porch and a spacious backyard with a cement patio. 

The home was acquired as part of an off-market purchase with an institutional owner that previously rehabilitated the house. The Bennett was purchased for $211,650 and will be rented to a tenant for $1,495 a month.

• Minimum investment: $100
• Target internal rate of return (IRR): 7.4% (based on historical returns)
• Hold period: five to seven years
• First dividend date: July 2023

The Thomas

Photo courtesy of ArrivedHomes

The Thomas is a three-bedroom, two-bathroom house with a two-car garage that is also located in Newnan, Georgia. The front house has a covered front porch while the backyard has a large deck looking out at the much larger backyard. The interior of the home features spacious living and bedroom spaces. 

The home was acquired as part of an off-market purchase with an institutional owner that previously rehabilitated the house to a professional standard. The Thomas was purchased for $219,300 and will be rented for $1,595 a month.

• Minimum investment: $100
• Target internal rate of return (IRR): 7.8% (based on historical returns)
• Hold period: five to seven years
• First dividend date: July 2023

The Aspen

Photo courtesy of ArrivedHomes

This ranch-style home, located in the Atlanta suburb of Covington, has been updated with new carpet, flooring and paint. With nearly 1,900 square feet, the house features a large kitchen and spacious bedrooms along with a fenced-in backyard. 

The home was acquired as part of an off-market purchase with an institutional owner that previously rehabilitated the house to a professional standard. The Aspen was purchased for $267,750 and will be rented for $2,050 a month.

• Minimum investment: $100
• Target internal rate of return (IRR): 7.7% (based on historical returns)
• Hold period: five to seven years
• First dividend date: July 2023

The Woodwind

Photo courtesy of ArrivedHomes

Located in Rockmart, Georgia, the Woodwind was purchased in an off-market transaction with an institutional owner that rehabilitated the house. The ranch-style home features three bedrooms, two bathrooms and an attached two-car garage. The interior of the home has an open-space concept with large living areas and spacious bedrooms.

The Woodwind was purchased for $255,000, has a total fund size of $300,070 and will be rented for $1,695 a month.

• Minimum investment: $100
• Target internal rate of return (IRR): 6.3% (based on historical returns)
• Hold period: five to seven years
• First dividend date: July 2023

The Haverhill

Photo courtesy of ArrivedHomes

Located in Atlanta’s metropolitan city of Jonesboro, the Haverhill is a two-story and 1,844-square-foot home. The home features high ceilings, large living spaces, spacious bedrooms and a backyard with a cemented patio. 

The home was acquired as part of an off-market purchase with an institutional owner that previously rehabilitated the house to a professional standard. The Haverhill was purchased for $234,600, has a total fund size of $277,160 and will be rented for $1,695 a month.

• Minimum investment: $100
• Target internal rate of return (IRR): 6.8% (based on historical returns)
• Hold period: five to seven years
• First dividend date: July 2023

The Lithonia 

Photo courtesy of ArrivedHomes

The Lithonia is a newly renovated home that features updated fixtures, flooring and appliances. There are four bedrooms, two and a half bathrooms and nearly 1,955 square feet in space. Behind the house is a large backyard with a patio and grilling area. 

The home was acquired as part of an off-market purchase with an institutional owner that previously rehabilitated the house to a professional standard. The Lithonia was purchased for $283,050, has a total fund size of $332,030 and will be rented for $1,995 a month.

• Minimum investment: $100
• Target internal rate of return (IRR): 8.5% (based on historical returns)
• Hold period: five to seven years
• First dividend date: July 2023

The Brookwood

Photo courtesy of ArrivedHomes

Located in Austell, also a suburb of Atlanta, this ranch-style house has a large family room, formal dining room and over 1,500 square feet of space. The single-family culdesac home was constructed in 2018 and features three bedrooms and two bathrooms with the primary suite having a large walk-in closet.

The Brookwood was also purchased as part of an off-market transaction with an institutional owner who professionally rehabilitated the house prior to selling it. The house was purchased for $280,500, has a total fund size of $329,010 and will be rented for $1,895 a month.

• Minimum investment: $100
• Target internal rate of return (IRR): 6.2% (based on historical returns)
• Hold period: five to seven years
• First dividend date: July 2023

The Palmore

Photo courtesy of ArrivedHomes

The Palmore is a three-bedroom, two-bathroom, single-family home located in Tuscaloosa, Alabama. The house features a large kitchen with a full-size pantry, a formal dining room and a primary suite with a double sink in the connected bathroom. The outside of the home has a screened-in deck that looks out on the fenced-in backyard.

The Tuscaloosa area is one of the state's largest and most densely populated, in addition to being home to the University of Alabama. Industries in the economically diverse area include manufacturing, service industries, higher education and tourism. Jobs are available across a variety of fields. Over 33% of the Tuscaloosa population holds a bachelor's degree or higher, adding to the economic opportunity offered in the area.

The Palmore was purchased for $200,000, has a total fund size of $240,930 and will be rented for $1,295 a month.

• Minimum investment: $100
• Target internal rate of return (IRR): 6.0% (based on historical returns)
• Hold period: five to seven years
• First dividend date: July 2023

The Camellia

Photo courtesy of ArrivedHomes

Located in Huntsville, Alabama, this 1,820-square-foot home has a large, fenced-in backyard, three bedrooms and two bathrooms. The Camellia features a covered porch, a home office, a large eat-in kitchen and a spacious primary bedroom with a walk-in closet.

The Huntsville MSA consistently ranks high on lists assessing the quality of life and ease of business. Known as Rocket City, Huntsville has a diverse and robust economy with many high-income earners working in the military and aerospace.

Camellia was purchased for $255,000 and will be rented for $1,695 a month.

• Minimum investment: $100
• Target internal rate of return (IRR): 6.0% (based on historical returns)
• Hold period: five to seven years
• First dividend date: July 2023

Check out more offerings available from Arrived Homes