Real Estate Daily News
Geddes Advisors of Phoenix (Michael Geddes and Rick Andreen, principals) acquired the Star Valley Master-Planned Community in Tucson for $11.2 million ($21,374 per acre).
Located in southwest Tucson metropolitan area, the site is .5 miles south of Valencia Road between Wade Road and Viviana Road alignments and is seven miles west of I-19 and Valencia Road.
Star Valley is a 1,437-acre master planned community zoned for approximately 7,000 homesites and 1,465 of these sites already built. The remaining 524 acres bought by Geddes are mostly block platted with approximately 1,000 SFR lots platted and mass graded.