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A.F. Sterling Homes through its affiliate Scotia JV 2005, LLP (Randy Agron) of Tucson purchased in an REO sale from Bank of Oklahoma of Tulsa, OK 10 platted lots and two commercial pads at Tanque Verde Village located at Tanque Verde Road and Tanque Verde Village Place for[mepr-show rules="58038"]$390,000 ($32,500 per lot). The gross area of the subdivision is 12.5 acres, includes 2.7 acres zoned RVC suitable for either residential or commercial development and 10 CR-1 zoned 36,000 sq. ft. SFR lots. The plat dates back to 2007 in the East Valley.
A.F. Sterling Homes has been a Tucson builder since 1987 and is locally owned and operated. The company has been named five times as Southern Arizona Home Builders Association (SAHBA) Builder of the Year, for its high standards, distinctive styling, strict attention to details, and amenities typically found only in custom homes.
Other A.F. Sterling communities include Tortolita Vistas in the foothills of the Tortolita Mountains, Campos Adobes in Northwest Tucson, The Uplands in Oro Valley, and Ventana Reserve in the foothills of the Catalina Mountains that is now sold out. The company also has a Custom Division that builds luxury homes on the client's own homesite in the Tucson area.
Dan Feig and Aaron Mendenhall of Chapman Lindsey in Tucson represented the bank and Robert Grant of Tierra Antigua represented the builder in the sale.
Feig at Chapman Lindsey can be reached at (520) 622-8864 ext 105 while Mendenhall at Chapman Lindsey is at (520) 622-8864 ext 102. Agron with A.F. Sterling can be contacted ay (520) 577-3600 and Grant at Tierra Antigua is at (520) 203-4910.[/mepr-show]