Element Crossings
1530 N Reay Lane,
Thatcher, AZ 85552
Development Opportunity-Seller Will Finance!
$1,500,000
Price
72,960
Building SF
$19,737
Price Per Unit
281,437
Land SF
76
Number of Units
TO BE BUILT
Year Built
Previous
Next
$1,500,000
Price
72,960
Building SF
$19,737
Price Per Unit
281,437
Land SF
76
Number of Units
TO BE BUILT
Year Built
Exciting New Development Opportunity in Thatcher, Arizona!
Introducing a unique investment opportunity in the heart of Thatcher, Arizona, where plans are already approved for a prime residential development. This exceptional project encompasses 19 thoughtfully designed lots, each set to host a modern four-plex, resulting in a total of 76 beautiful townhouse-style rental units. Each unit features 2 bedrooms and 1.5 baths, with a spacious layout of 960 square feet. Enjoy the convenience of having the living, kitchen, and dining areas on the first floor, while the cozy bedrooms are located on the upper level, offering a perfect blend of privacy and functionality.
Spanning over 281,437 square feet (6.46 acres), this expansive site provides ample room for a well-planned community that meets the needs of today’s tenants. Each unit will be individually metered for utilities, allowing residents the independence of managing their own utility costs with ease.
Located just 2 blocks from Eastern Arizona College, this development is perfectly positioned to attract students, faculty, and staff seeking quality housing within walking distance of campus! Thatcher is a charming town that boasts a welcoming atmosphere, making it an ideal spot for families and students alike. The close-knit community is complemented by beautiful Arizona landscapes, outdoor recreational opportunities, and a range of local amenities including shopping, dining, and parks. Thatcher is not only known for its educational opportunities but also for its rich culture and history. The town hosts various community events throughout the year, fostering a strong sense of camaraderie and engagement among residents. With its proximity to larger neighboring towns and cities, residents of Thatcher can enjoy the tranquility of small-town living while still having easy access to urban amenities.
This is also a unique opportunity for residents and investors in newly constructed residential units near the Morenci Mine, one of the largest copper mining operations in the U.S. Many mine workers currently face long commutes of up to two hours, but those living in these units in Thatcher will enjoy a mere 30-minute drive, greatly enhancing their work-life balance. The shorter commute not only saves time but also reduces transportation costs, allowing for greater disposable income. Designed to foster community, these units offer a supportive neighborhood environment and access to local amenities like schools and healthcare, enriching residents' lives. With a growing demand for housing in the area, these units represent a promising investment opportunity, especially as property values and rental demand are expected to rise alongside the local economy's growth.
Seize this incredible opportunity to invest in a vibrant community poised for growth! Don’t miss out on bringing your vision to life in this prime location. Contact us today to learn more about this promising development on the horizon!
Thatcher, Arizona
Thatcher, Arizona, is a charming town nestled in the scenic Gila Valley, surrounded by stunning natural landscapes and convenient access to neighboring communities. To the north lies Safford, a vibrant town known for its picturesque parks and bustling downtown area, while to the east, you’ll find the quaint community of Pima, which offers a close-knit atmosphere and local charm. Just a short drive south brings you to the historic town of Solomon, where visitors can explore rich cultural heritage. With its strategic location, Thatcher serves as a gateway to outdoor adventures, including hiking, fishing, and camping in the nearby mountains. The town combines the tranquility of small-town living with the accessibility of larger urban amenities, making it an appealing destination for families, students, and outdoor enthusiasts alike.
Accessibility and Transportation
Thatcher is conveniently located near major highways, including U.S. Route 70, which connects residents to surrounding areas and facilitates easy travel in and out of the town. The area is also served by local transit options, making it accessible for students and commuters alike.
Eastern Arizona College
Eastern Arizona College, situated in the heart of Thatcher, is a pivotal institution of higher education in the region, now offering four-year degrees alongside its established two-year programs. This expansion reflects the college's commitment to meeting the evolving needs of its students and the community. With a dedication to fostering student success, Eastern Arizona College provides a nurturing learning environment that encourages both personal and professional development. The college's strategic location near newly constructed residential units enhances its appeal to students and families seeking quality education in a convenient setting. The campus boasts modern facilities, an accomplished faculty, and a vibrant campus life that promotes community engagement and lifelong learning. As a vital contributor to the local economy and cultural fabric, Eastern Arizona College plays an essential role in enriching the Thatcher experience, making it a top choice for students pursuing th
Morenci Mine
Situated in close proximity to the Morenci Mine, the newly constructed residential units in Thatcher provide an ideal location for workers seeking convenience and community. This region is characterized by its vibrant atmosphere and strong local economy, largely driven by the success of the mining industry. With the mine located just a short 30-minute drive away, residents can enjoy a significantly reduced commute compared to the lengthy travel times faced by many of their peers. Thatcher offers a range of amenities, including schools, healthcare facilities, and recreational options, all within easy reach, enhancing the quality of life for families and individuals alike. As demand for housing near the mine continues to grow, this location not only promises a supportive living environment but also represents a strategic investment opportunity in a thriving community. **Ask us for more information about the Morenci Mine**.
Safford Mine
The Safford Mine, located in Graham County, Arizona, is a significant copper mining operation owned by Freeport-McMoRan. This open-pit mine has been a vital contributor to the local economy since its inception, producing millions of pounds of copper annually and supporting a variety of jobs in the region. However, a pressing challenge faced by the burgeoning workforce is the acute shortage of housing in the area. In light of this need, the development of new apartments is being proposed to provide adequate accommodations for mine workers. By catering specifically to these employees, the new housing complex would not only enhance the quality of life for those laboring at the Safford Mine but also help stabilize the local economy by attracting and retaining workers who might otherwise seek housing options elsewhere. Only 15 minutes away from this Mine. ** Ask us for more information about the Safford Mine**.
Outdoor Recreation
Thatcher, Arizona, is a paradise for outdoor enthusiasts, offering a wide range of recreational activities set against the stunning backdrop of the Gila Valley. The nearby Mount Graham provides ample hiking opportunities, with trails suitable for all skill levels, allowing residents and visitors to explore its diverse wildlife and breathtaking vistas. The region is also perfect for camping, fishing, and picnicking, with several local parks and natural areas, such as the accessible Roper Lake State Park, which features a serene lake ideal for boating and fishing. Additionally, the area’s scenic beauty makes it a popular spot for biking and bird watching. Whether you’re looking to enjoy a leisurely afternoon in nature or embark on an adventurous outdoor excursion, Thatcher and its surrounding landscape offer something for everyone, ensuring a vibrant and active lifestyle.
Community and Culture
Thatcher has a rich cultural heritage and is characterized by its friendly, community-oriented residents. The town hosts various local events throughout the year, including festivals, farmers markets, and sports leagues, which promote interaction and foster a strong sense of belonging among community members.
In Summary
In summary, Thatcher, Arizona, is a welcoming and vibrant community that offers a high quality of life, excellent educational opportunities, and a wealth of outdoor activities. Its convenient location and strong sense of community make it an ideal place to live, work, and thrive.
FOR MORE DETAILS CONTACT
Laura Good
Realtor / Commercial / Multi-Family Specialist
(480) 406-1984
lauragoodaz@gmail.com
SA639563000
Daniela Rubio
Realtor / Commercial / Multi-Family Specialist
(480) 334-7775
danielarubiosjf@gmail.com
SA662518000
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