Post by George Bidwell

SAN JAUNQUIN OESTE SUBDIVISION PROJECT SEEKING JV PARTNERSHIP OR REAL ESTATE INVESTMENT FUNDING SOURCES TO PROVIDE COMPLETE PROJECT FUNDING. The PLATTED SUBDIVISION issues are approved by Pima County Developmental Services. The final land acquisitions, infrastructures construction design and engineering planning is required to be updated for submitting construction plans for construction permit approvals. This 22 LOT single family residential subdivision was made undevelopable resulting from the Central Arizona Project encroaching into this portion of the approved PLATTED subdivision. The Tucson Real Estate Market with a record low inventory of available housing stock, record high cost of new homes prices are leaving home buyers with housing affordability problems. The lack of affordable housing in the local Tucson Real Estate market. Current compartive market anylisis in the project area with active market sales of 25 year old manufactured home units with comparable lot size. Averaged less than 10 days on active market. COMPARABLE sized properties with 25 year old built manufactured home units sold for an average $178,500 The comparative market anylisis of improved vacant lots $65,000 Linwood Development Company anticipates completed improved lot cost $37k