November 21, 2024 11:36 am
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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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