Berkadia is pleased to present an exceptional investment opportunity to acquire Roadrunner Estates (the “Property”), a brand-new, 53-home, best-in-class single-family-for-rent (SFR) community located in Tucson, Arizona.

Roadrunner Estates developed by D.R. Horton, America’s leading and features an attractive mix of 53 three-, four-, and five-bedroom homes averaging ±1,633 square feet. Each attractive home features tasteful interior aesthetics, private driveways, attached two-car garages and expansive, fenced backyards.

The city of Tucson is experiencing transformational growth, propelled by several recent, large-scale, and high-profile developments. Over $1 billion worth of construction is planned for the expansion to University of Arizona’s Tech Park (17 miles) that will include several large-scale buildings totaling over 5 million square feet. Tucson’s largest employer Raytheon Technology Corp (10 miles) is also undergoing a major expansion adding 559,000 square feet and bringing 3,000 new jobs to southern Tucson.

Strong job announcement and relative affordability have created remarkable growth dynamics in the Tucson real estate market. The median price of a single-family home in metro Tucson has increased by 10.4% year-over-year. ​ In October 2022, Tucson realized the second highest SFR/ BTR rent growth of all major western markets with a 14.5% annual increase.

Roadrunner Estates provides investors with the rare opportunity to acquire a newly constructed, single-family-for-rent community by America’s largest homebuilder in a fast-expanding sunbelt market.