Lennar Closes on 195-Lot Prelim Plat for $6.7 Million in Marana

MARANA, ARIZONA — In one of the largest number of lots sold in a single transaction for the past year in metro Tucson, Lennar Arizona closed on 195 pre-platted lots at Preserve Twin Peaks located at Twin Peaks and Camino De Manana for $6.7 million ($34,359 per lot). The property consists of (129) 55’x120’ and (66) 70’x130’ lots on 100 acres.

Primary and secondary access to Preserve Twin Peaks will be from Camino de Manana.

“This is a major purchase by Lennar in a great location and the purchase is another show of market strength again for Tucson. 2019 is off to a fast start and the better locations continue to be picked up at a faster pace”

“The Twin Peaks corridor has been sought after for many years and all the infrastructure components have started to come together to make it a reality.”

Will White and John Carrol with Land Advisors Organization (LAO) in Tucson represented both the seller, ABIGER Marana, LLC and T&J Kahn Family, LP, as well as the buyer in the transaction.

White and Carroll should be reached at LAO, 520.514.7454.

To learn more, see RED Comp #6577.