April 26, 2024 10:52 am
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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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© 2024 Rose Law Group Reporter

Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.