Oro Valley land purchased for new rental community

By Karen Schutte | Real Estate Daily News

Linda Vista Luxury Rentals, LLC an affiliate of Tucson-based Aerie Development (Roger Karber, chairman) purchased 9.76 acres of commercially zoned land at Linda Vista and Oracle Road in Oro Valley for $2.6 million ($6.00 PSF).

The real estate developer plans to construct one-story fourplexes with a total or 64-units being called Oro Valley Villas on approximately 6-acres on the site and two commercial pads for resale at each end of the property.

Aerie is well known for exemplary communities that achieve optimal benefits for all shareholders, from tenants to investors, lenders, neighbors, contractors, government and staff.

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