SOLD! O-Zone development site in Apache Junction

By Real Estate Daily News

APACHE JUNCTION, ARIZONA – Berkadia announced today the sale of ±20 acres of land situated at the Southwest Tomahawk Road and Broadway Avenue in Apache Junction, Arizona. Senior Managing Director Mark Forrester and Director Andrew Curtis of Berkadia Phoenix completed the $9.547 million sale. The deal closed on April 29.

The acquiring developer plans to build a 201-unit Single-Family Rental (SFR) luxury multifamily community on the site. Municipal entitlements and this proposed development were in place at the time of closing.

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