TUCSON, ARIZONA (December 24,2024) — Lennar Arizona, (Ginger Kneup, Lennar Land Acquisition Manager-Tucson Division) added to its position in the Rocking K master-planned community in Vail. The 33 SFR lots were 45’ X 120’ and located in Rocking K South Neighborhood BB. The builder recently paid $4,564,890 ($138,330/lot) for the second takedown for 121 homesites, including 3 model lots, under the Millrose Properties Arizona, LLC entity.
Read about the initial takedown in September here: https://realestatedaily-news.com/lennar-continues-tucson-acquisition-surge-adds-new-finished-lots-from-forestar-at-rocking-k-mpc/
Mattamy Tucson, LLC (Briana Rader, Director of Land Acquisition-Tucson) closed on 73 finished lots at Blackhawk at the SWC of Wilmot and Interstate 10. The lots were 40’X110’. The builder paid $7,300,000 ($100,000/lot).
Forestar (USA) Real Estate Group Inc. sold the lots in both transactions. Forestar continues to be extremely active in the Tucson market.
To learn more, subscribers can refer to RED Comp #11658.
Will White and John Carroll of Land Advisors Organization in Tucson handled both transactions. For more information on these transactions, White and Carroll should be reached at 520.514.7454.