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140 lot subdivision in Salome, AZ | |
40 Acres is being offered for sale in the Salome area of Lapaz County. The subdivision informally known as SAGEWOOD ESTATES is currently in the tenative plan stage and is zoned "RVS" (recreational vehicle subdivision). It has been approved by the county for 140 lots. The actual density for the area is 5 lots per acre so an additional 60 lots is a possibility. Public Utilities are readily available, and waste water treatment is currently in the works. Comparable lots in neighboring subdivisions are selling for 50k-65k (these same type lots go for upwards of 100k in Quartzite 30 miles to the west). This places SAGEWOOD ESTATES gross minimum value at approx. 7 Mil. plus (50Kx140lots). Estimated construction costs are approx. 2-2.1 mil (15kx140 lots)with lots ready for sale within 2 years. The price is 25K per acre (1 Mil total) leaving a 4+ Mil profit in approx 2 years. You can help the Baby Boomer explosion into the area where our friends to the north are looking for lots to park their RV Rigs. There are 2 golf courses in the area and Alamo Lake is nearby for some great fishing. contact Pat at prdrco@cox.net or Vic at azkuder@cox.net | |
 Pat Robertson (vancouver, Alberta)  602-576-0535 Tell friends | |
| #22908 7.18.2008 Business free classifieds. | |
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