928-925-2023

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Commercial LAND - FOR SALE
383,764 SF

000 12th Street
Cottonwood, AZ 86326


OVERVIEW

This offering presents a 252-unit multifamily development opportunity in Cottonwood, Arizona—one of the region’s most rapidly growing and supply-constrained rental markets. With strong population trends, limited existing inventory, and consistent demand for quality housing, Cottonwood offers a compelling environment for new construction multifamily investment. The project site is strategically located near downtown Cottonwood and major shopping corridors, providing residents with convenient access to employment, retail, and lifestyle amenities. Upon completion, the community is positioned to capture robust absorption, competitive rent levels, and long-term occupancy stability. In addition, Northern Arizona Healthcare recently announced that construction will commence in early 2026 on a new $40 million integrated cancer-treatment center at Verde Valley Medical Center. The facility will be within walking distance of the project, and is expected to create approximately 300 new high-paying jobs, serving as a direct demand driver for the project. With high potential rates of return on investment and available non-recourse HUD mortgage financing, this project warrants serious investor consideration and offers a rare opportunity to enter an emerging market at a key stage of growth.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Spring Verde Apartments

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

8.81 AC

LAND SF

383,764 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

406-06-028G,406-06-028J

ASK ABOUT THIS PROPERTY

Nick MalouffCommercial Advisors of PrescottMore Info
928-925-2023

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Nick MalouffCommercial Advisors of PrescottMore Info
928-925-2023

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.