By Karen Schutte | Real Estate Daily News
MARANA, ARIZONA — DR Horton, Inc. purchased Phase 1 of The Village at Barnett, a new subdivision at the northeast corner of Barnett and Sanders Roads in Marana. The phase consisted of 105 platted and engineered lots and were purchased for $2,415,000 ($23,000/platted lot). The seller in the transaction was RB Land Barnett Partners, LLC (Randy Bury, Manager) who will now turn its focus to the sale of Phase 2 which consists of 146 fully approved lots. The purchase signals a new push of development activity on the west side of Interstate 10 in this area.
Bury commented, “The availability of developable land unencumbered by major infrastructure and environmental constraints, the pro-growth attitude of the Town, and easy access to I-10 make North Marana extremely attractive to homebuyers. The nexus of North Marana to the emerging job corridors of South Pinal County ie Nikola, will become more and more important over time.”
The transaction was handled by Will White and John Carroll of Land Advisors Organization in Tucson. Land Advisors has the marketing assignment on Phase 2 of The Village at Barnett.
