April 20, 2024 1:54 am
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First luxury apartment community to Vail

By Karen Schutte | Real Estate Daily News

The Vail Voice reported recently that Vail Arizona, a submarket of eastside Tucson, is getting its first luxury apartment complex. HSL Properties (HSL) is constructing a 312-unit luxury apartment complex in Rita Ranch at 9410 E Valencia Road, at the southeast corner of the Valencia and Nexus, adjoining the Walgreens.

The development will be called Encantada at Rita Ranch.

HSL purchased the approximately 17-acres in 2017 for $3,775,000 and has announced ground breaking to take place this month with first units available to rent for June 2020, and an anticipated completion in 18-20 months.

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