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Maricopa, AZ 85139
- Single Family Home / REO Foreclosure
Property Details for null St, Maricopa, AZ 85139
Features
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Facts
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Description
This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.
Completed rezoning and fully approved construction drawings for a 195 unit garden style apartment complex development with 70+ garages, a pool, pet amenities, and a clubhouse. Expected full approval in the second Quarter of 2023. DRB review scheduled for 5/8/23. The city has abandoned approx. 3 acres that are becoming part of this project. This should provide some additional drainage, but no additional units. 13.47 Gross acres, 10.47 Net acres. Max density 20 units/acre, proposed density 19.17 units/acre. 78, 1 bedroom units, 99, 2 bedroom units, and 18, 3 bedroom units. 14 garage buildings with 5 spaces per building for 70 rentable garage spaces, 399 total parking spaces.
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