$5M+ Deal – $5.85M for homes on 28 acres adjacent to Wigwam Golf Resort

Below is the deal that closed Tuesday, May 26, 2015, in Maricopa County over $5 million according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these a transactions.

Price:  $5.85 million ($35,030 per lot), says public documents.

Buyer: Cachet-Wigwam Holdings LP, an entity created by Scottsdale-based Cachet Homes.

Seller: Wigwam Joint Venture LP.

Property Type: Vacant Land.

Property Size: 28 acres, says public documents.

Proposal: 167 homes, says a Cachet Homes official. Housing products include patio homes, townhomes and flats, which will be part of the overall condominium plat. The townhome product is a 3-plex with the center unit being a 2-story units and the two end units being single story. The condo product is a 4-plex, 2-story stacked flat building. All products will have attached 2-car garages. Community amenities will include: gated entry, pool, fitness center, and outdoor ramada.

Location: Northwest corner of Litchfield Road and Village Parkway, adjacent to the Wigwam Golf Resort.

Financing: Conventional Loan.

To view affidavit, click here.

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