April 30, 2024 5:53 pm
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Richmond American buys lots in SE Tucson community

(Disclosure: Rose Law Group represents Richmond American.)

By Real Estate Daily News

TUCSON, AZ (March 1, 2024) Blackhawk is a new centrally located community along the I-10 corridor, southeast of Tucson, at the southwest corner of Wilmot and I-10. With 87 acres being developed by Forestar (USA) Real Estate Group, Inc., lots have started to sell. See the Real Estate Daily News on May 28, 2021.

D.R. Horton purchased 60 SFR lots here in January, and recently, Richmond American bought 51 SFR lots for $4.641 million ($91,000 per lot), a new high price per lot for this area of Tucson.  When completed, this community will have 310 homes—phase 1 with 157 lots and phase 2 with 153 lots.

This is the 13th community in Tucson where Richmond American is building.

According to Richmond’s website, it is offering buyers a 4.500% (5.237% APR) special financing on homes that close by 3/29/24. Limited funds are available, and thousands in closing cost assistance for buyers.

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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.