Camp Verde Land Holdings III, LLC, a developer of rental and affordable housing, Yavapai County Chance Zonethere are plans for a build-for-rent community and a commercial component.

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Capri Barney, of the Land Advisors Organization office in Prescott, Arizona, has advised seller Verde Valley Pte. Represented Holding Company LLC. The Verde Valley Holding Company portfolio has two additional land parcels of his for sale in the Opportunity Zone.

“In general, the Verde Valley has a shortage of housing inventory, and affordable housing in particular,” Barney said. “Unlike many local governments that resist rezoning properties to allow for higher density and affordability, the town of Camp Verde is committed to developing high-density projects to help meet the housing needs of members of the community. We have been happy to allow development.”

Flexible C-2 zoning of properties purchased by Camp Verde Land Holdings III, LLC allows for a wide range of business and residential uses, including multifamily, manufacturing, modular and/or site building. The remaining RR-2A (rural residential) and C-3 (commercial) zoning properties are located in strong growth areas offering high visibility along US 260.

The land is designated as an Opportunity Zone, an economic development tool created to promote economic growth and job creation in needy areas and low-income communities in the United States by offering tax incentives to investors. I have.

The purchaser was co-chaired by Bryce Perez of Re/Max Fine Properties and Celtic Property Management.