November 24, 2024 9:08 pm
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American Homes 4 Rent buys in Marana

By Karen Schutte | Real Estate Daily News

MARANA, ARIZONA – AMH Linda Vista Development TRS, LLC dba American Homes 4 Rent (Shawn Chlarson, Tucson Director of Land Acquisition) has completed the acquisition of 155-acres at Linda Vista Village at Cascada in Marana for $6.75 million. Located off Twin Peaks on Linda Vista adjacent to the Tucson Premium Outlet Center in Marana.

The seller, Pacific International Properties of Tucson (Larry Kreis, Project Manager) had the vision for a mixed-use specific plan at Cascada when they acquired 1,480 acres here.

The preliminary plat shows 387 P&E lots with additional land designated for commercial use. American Homes 4 Rent (AMH) plans to re-plat for 441 SFR lots in various stages of platting in place, either block platted, tentative platted or preliminary platted to move forward. Lots will be a mixture of 35’ – 60’ wides. The project represents the largest single-family rental home community in metro Tucson.

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