Property Management & Rental Program

    Forest Brook Reserve

    A turnkey ownership experience

    Lucero offers a professional property management program, allowing owners and investors to benefit from rental income while maintaining the quality, care, and long-term value of their residence.

    Long-Term Rental Program

    Stable occupancy and predictable income

    Rental term
    6 months to 1 year
    Management fee
    12% of monthly rental income

    Structured to provide steady occupancy and predictable income while reducing day-to-day owner involvement. Services include:

    • Tenant communication and screening
    • Rent collection and owner disbursement
    • Coordination of HOA and utility payments
    • Maintenance coordination and oversight
    • Regular owner reporting

    Short-Term / Vacation Rental Program

    Hospitality-led income from highland tourism

    Rental term
    1 night to 6 months
    Management fee
    20% of gross rental income

    Designed for owners who want to capitalize on demand generated by golf, wellness, and the broader Lucero lifestyle experience. Given the higher level of operational management required, the program reflects a hands-on hospitality model that includes:

    • Guest coordination and on-site hospitality
    • Turnovers, cleaning, and laundry logistics
    • Listing distribution and marketing
    • Dynamic pricing and yield management
    • Maintenance and tenant placement (as needed)

    Illustrative Investor Example

    2-bedroom residence at Forest Brook Reserve

    A representative scenario for a 2-bedroom Forest Brook Reserve home at a purchase price of $441,500, shown under both long-term and short-term rental models.

    Long-term scenario

    Stable monthly income

    Estimated rental income
    $2,500 / month
    Estimated annual income
    $30,000
    Indicative gross yield
    ~6.8%

    Estimated monthly ownership costs

    • Property management$300
    • HOA fees$200

    Estimated non-mortgage carrying cost: ~$500 / month

    Short-term scenario

    Higher-yield hospitality model

    Estimated rental income
    $4,500 / month
    Estimated annual income
    $54,000
    Indicative gross yield
    ~12%

    Estimated monthly ownership costs

    • Property management$900
    • HOA fees$200

    Estimated non-mortgage carrying cost: ~$1,100 / month

    Rental income and returns shown are illustrative estimates only and may vary based on seasonality, occupancy levels, owner usage, market conditions, and operating expenses. These figures do not constitute a guarantee of performance or return on investment.

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    Explore ownership and rental returns

    Our advisors can walk you through unit availability, projected returns, and the property management onboarding process.

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