The Need

Nearly 39 million people live in apartments, and the apartment industry is quickly exceeding capacity. (Source: National Multifamily Housing Council) Today’s renter is looking for something other than an apartment complex that doesn’t offer privacy or their own backyard. And while single-family homes can provide these features, they typically come with more upkeep and maintenance issues than renters want. Christopher Todd Properties® has created an intriguing combination of the two. These communities are comprised of single-story one- and two- bedroom rental smart homes with private backyards and doggy doors.  Each smart-gated community has amenities such as resort-style pool, state-of-the-art fitness center and yoga studio, event lawn and pocket parks.  We are truly creating “A New Way To Live®.”

“Christopher Todd Communities has shown incredible lease up velocity for all three communities that are open and now at stabilization. In some communities we are seeing 2 – 3x faster lease up than  industry averages throughout the Phoenix Market.  We attribute this to the innovative single family professionally managed rental smart home concept”

John Carlson
President
Mark-Taylor Residential
An Arizona firm that manages Class A Properties throughout Phoenix and for Christopher Todd Communities.

Phoenix Market Growing at 2x National Average

  • Despite high completion rates, average occupancy rose 95.3 percent
  • Rents up 6.6 percent year-over-year

Industry Updates

Why Purpose Built Single Family Rentals?
1/11/2018

Renter Nation | The Phoenix Market
12/6/2017