May 4, 2024 4:52 am
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Richmond American buys in Coolidge

(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.

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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.