The Scrub-In

The Biltmore Play: Why Phoenix's Most Exclusive Corridor is Our Target

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This episode is specifically for our current investors. Consider this your insider briefing on the Camelback Corridor and Biltmore submarket—where the money lives in Phoenix.

Dr. Kimberly Workman takes you deep into the numbers: why institutional buyers are paying $331,000 per unit for new builds, and why we're targeting vintage properties at $66,000-$175,000 per unit in the same corridor.

What You'll Learn:

  • Why Biltmore's walkability commands a premium (rare for Phoenix)
  • Echo Biltmore: $71.3M sale ($331K/unit) proves institutional demand
  • The vintage arbitrage: 7-8% cap rates vs 5% for Class A
  • Why Biltmore held 2-4% rent growth while metro Phoenix dropped 3%
  • The exit strategy: renovate vintage, sell to institutional buyers

    • Connect with Dr. Kimberly Workman: LinkedIn

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    The Scrub-InBy Sola Capital Ventures