(Disclosure: Rose Law Group represents Richmond American Homes.)
By AZ Big Media
Land Advisors Organization’s Homebuilding Team announced the closing of nearly 80 acres of land in Coolidge to Richmond America Homes and Oakwood Homes for nearly $27.5 million.
The sale delivers 372 finished residential home lots and is the second of a two-phase sale to these builders in the Cross Creek Ranch community, located in Coolidge, Arizona. The first phase, which closed in January of 2021 for just over $16 million, included 309 finished lots in the same development.
Cross Creek Ranch is located south of AZ-87 and just east of NEC West Vah Ki Inn Road and North Skousen Road, adjacent to the Casa Grand National Monument, in Pinal County. This month’s closing of these 372 finished lots marks the sale of the last investor-owned finished lots available in the city of Coolidge.