Corporate Rental Program
Canyon Advisors has developed a unique program designed to provide significant value to both our corporate partners and our landlord/property manager-partners. Acting as the middle-man in these transactions, our Corporate Rental Program is able to satisfy the needs of both partners and solve many of the issues each deal with daily.
Corporate Client Benefits
We have partnered with some of the largest real estate investment, nursing, financial services, corporate recruiting, and law enforcement organizations in Arizona, Texas, and Tennessee. We provide their clients and employees with safe, clean, and fully furnished apartments or homes for as little as three nights up to several months at a time. Recruiting new talent to an organization or company is an ongoing challenge for many administrators and leaders. Our turn-key properties provide these clients the flexibility to offer housing benefits as a perk in their recruiting efforts which adds a much needed value to their compensation offer. We offer the following benefits through our Corporate Rental Program.
Fully Furnished Apartments in Key Locations Throughout the Phoenix Market
Weekly Linen Services
Minimum 3 Night Stays Up to Unlimited Occupancy
Parking Passes Included
Optional Car Rental Service
Realtor Location Services
Fully Insured, 3rd Party Provider
Landlord/Management Client Benefits
This Perfect Tenant Program (PTP) provides the piece of mind all landlords and property managers seek, as well as top-market income over an extended time period. We will sign a long-term lease as the tenant of the property. In turn, the landlord provides permission for us to use the home as a short-term corporate housing rental home for our clients. We are often able to pay over-market rents for the homes, and still remain profitable. This additional rental income, greatly reduced rate of turnover, and the security measures outlined below, creates an amazing partnership between Canyon Advisors and our landlord/property manager-partners across the country.
Below is a brief summary of a few benefits realized by our landlord/property manager-partners in the Phoenix, Dallas, and Memphis, Tennessee housing markets.
Reduced Maintenance Costs
As our partner, Canyon will handle all maintenance needed on the single-family home properties up to the first $250. With this threshold, virtually all routine maintenance will be handed by our in-house maintenance crew. Only larger ticket items (water heaters, HVAC, roof, etc.) would need to be expensed by the landlord, and Canyon would still contribute the first $250 toward this cost. You will not even be bothered if any of these smaller items occur. And of course, if there is any damage of note, our insurance policy will be triggered to handle the costs.
The home will be professionally cleaned and maintained, often multiple times each week, by our cleaning company partners. Deep cleaning will occur once each month, and all of these expenses will be covered by Canyon Advisors exclusively.
When compared to wear and tear realized during a typical annual lease, properties in our Perfect Tenant Program receive a fraction of the wear. These guest-tenants are typically working professionals who spend very little time in the home like a traditional rental family. Along these lines, we will also pay for necessary cosmetic upgrades. Painting, flooring, lighting or plumbing fixtures...we will happily provide these at our expense because our profit margins will rely on the fact the unit is in top-quality condition. It's in our best interest to ensure the property looks its best at all times.
Security & Piece of Mind
The last thing a landlord/property manager-partner wants to concern him or herself with is the security of their investment. As a partner, Canyon Advisors feel exactly the same. With this, several safe-guards have been put in place to provide the ultimate piece of mind for any property owner/manager.
1. Canyon Advisors Inc. is a registered C-Corporation originating in the state of Texas. Canyon is a 25+ year old corporation that has secured Foreign Corporation status here in Arizona. Certificate of Good Standing with the state is supplied upon request.
2. All corporate tenants are heavily screened prior to occupancy. State issued IDs are collected and validated, and major credit cards are left on file to cover any potential damages and for ID purposes. Additionally, no pets, smoking, or large gatherings of any kind are allowed in the homes. It's Canyon's responsibility to know exactly who is staying in the home because our name and reputation is at stake.
3. Canyon provides addition physical security measures. Wifi enabled door locks or lockboxes will be installed or used at our expense for each home. The landlord will receive a physical key for each lock, and upon the end of our lease, this lock will remain in place. Each guest received a one-time unique code that is used to enter the property. This prevents re-entry upon checkout. Canyon controls these codes from a web-interface and can change them at any time. Additionally, most properties also receive external wifi enabled security cameras that can be monitor the coming and going of all guests day and night.
We want to become your partner. Whether it’s providing your employees and clients a safe, professional environment where they’ll enjoy all the comforts of their own home, or we are acting as the Perfect Tenant for your building…we are here to develop a long-term relationship. Please contact us with any questions or ideas how we can take the first steps with you.