Los Vecinos

What Los Vecinos does

Los Vecinos is a single-property residential apartment community located at 1950 N 43rd Avenue in Phoenix, Arizona (ZIP 85009), serving renters in the Maryvale submarket of west Phoenix. The asset offers two floorplans: studio apartments at $850 per month (385 square feet) and one-bedroom units at $950 per month (485 square feet). The community is pet-friendly with a 25-pound weight limit, charging a $300 non-refundable pet fee plus $25 per month in pet rent. There is no disclosed unit count, no institutional capital, and no indication of portfolio expansion beyond this single asset.

The property is operated under a third-party management agreement with FLM Enterprises, Inc., which handles leasing, maintenance, and tenant relations. Marketing and lead capture run through a corporate website built on the Apartments247.com multifamily platform, supplemented by a Refer A Friend program that pays a $250 reward per successful referral. The current promotional offer is one month of free rent on a new lease.

Revenue is generated almost entirely through monthly rental income on studio and one-bedroom units, supplemented by ancillary pet fees. The operating model is characteristic of a small, privately held multifamily asset under a local sponsor or owner-operator structure, with outsourced property management and a digital-first leasing funnel.

Name

Los Vecinos

Legal name

Los Vecinos

Website

https://mylosvecinos.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Los Vecinos is a single-property residential apartment community in Phoenix, Arizona, offering pet-friendly studio and one-bedroom rentals starting at $850/month, managed by FLM Enterprises with marketing via the Apartments247.com platform.

Ownership category

akta.pro rank

Headquarters

HQ city

Phoenix

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Others

Revenue model

1. Residential Rental Income: Monthly rental payments from tenants occupying studio and one-bedroom apartments. Revenue is recurring on a month-to-month or lease-term basis. The property also generates ancillary income through pet fees ($300 non-refundable per pet) and monthly pet rent ($25 per pet).

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Los Vecinos is a residential apartment community in Phoenix, Arizona that rents two floor plans — the El Pueblo studio (385 sq ft, $850/month) and the La Hacienda one-bedroom (485 sq ft, $950/month) — to individuals and couples. The community provides shared amenities including a pool, basketball, volleyball, and soccer courts, a dog park, playground, laundry facility, and on-site and on-call maintenance. The property is professionally managed by FLM Enterprises, Inc. and leases directly to tenants through its website and on-site office.

Product overview

Los Vecinos is an apartment rental community in Phoenix, Arizona offering two distinct floor plan products: the El Pueblo studio (385 sq ft, $850/month) and the La Hacienda one-bedroom (485 sq ft, $950/month). The community provides shared amenities including a swimming pool, basketball and volleyball courts, soccer field, laundry facilities, dog park, and high-speed internet access. Residents receive access to on-site and on-call maintenance services.

Differentiator

Problem solved

Functional benefit

Products and services

• El Pueblo - Studio Studio apartment floor plan at 385 sq ft with 1 bathroom, all-electric kitchen (dishwasher, refrigerator, pantry), air conditioning, walk-in closets, vinyl floors, cable ready, disability access, and assigned covered parking availability. Rent is $850/month with a $500 deposit on approved credit. Targeted at individual renters seeking affordable residential housing in Phoenix, AZ.
• La Hacienda - 1x1 One-bedroom apartment floor plan at 485 sq ft with 1 bathroom, all-electric kitchen, air conditioning, walk-in closets, vinyl floors, and disability access. Rent is $950/month. Targeted at individuals and couples seeking affordable one-bedroom residential housing in Phoenix, AZ.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• FLM Enterprises, Inc.coreOthersFLM Enterprises, Inc. is the professional property management company for Los Vecinos. They handle day-to-day operations including leasing, maintenance, and resident management. Contact information and management attribution appear on all property materials.

Scale indicators1 record

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• Equity Residential: Large multifamily REIT with a national portfolio including Phoenix. Comparable as a diversified apartment landlord with overlapping renter segments, though operating at substantially larger scale.
• Greystar Real Estate Partners: Largest apartment property manager and operator in the US, with a substantial Phoenix presence. Comparable as the dominant institutional operator of multifamily communities including value-tier assets similar to Los Vecinos.
• AvalonBay Communities: Multifamily REIT operating a national portfolio of apartment communities. Comparable as a large-scale apartment landlord with similar community-amenity operating model, though primarily in higher-end markets.

Direct peers

• Veris Residential: Multifamily REIT operating Class A multifamily communities. Comparable as an apartment landlord with similar community-amenity offering, though concentrated in Northeast markets.
• Camden Property Trust: Multifamily REIT operating garden-style apartment communities across multiple Sun Belt markets including Phoenix. Comparable as a multifamily rental operator with similar apartment-community operating model, though at enterprise scale.
• Mid-America Apartment Communities: Multifamily REIT focused on the Sun Belt, with established Phoenix exposure. Comparable as a multifamily landlord serving similar renter demographics in geographically overlapping markets.
• Pinnacle Property Management: Third-party multifamily property manager operating a large portfolio of apartment communities across the US. Comparable as the operational peer providing property management services to multifamily owners, similar to Los Vecinos' reliance on FLM Enterprises.
• Independence Realty Trust: Multifamily REIT focused on non-gateway Sun Belt markets with value-oriented rental positioning. Closely comparable to Los Vecinos' value-tier pricing and renter demographic, including middle-income workforce housing.
• Mark-Taylor Residential: Phoenix-based apartment operator managing a portfolio of Class A multifamily communities across the metro area. Directly comparable as a Phoenix-focused multifamily landlord, although operating at significantly larger scale and higher price points than Los Vecinos.

Others

• American Homes 4 Rent: Largest publicly traded single-family rental REIT, with significant Phoenix exposure. Adjacent peer serving the same renter demographic and competing for shadow-market rental demand, though operating in single-family rather than multifamily.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat2 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/los-vecinos

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Los Vecinos