Investment Overview

Marcus & Millichap is pleased to exclusively present for sale 14 single family home lots in the Vista Del Monte Estates subdivision located near the northwest corner of E. 15th Street and N. Jones Paseo, Douglas, Arizona (pop 16.5k 2020). The lots are zoned SFR 12 Medium-Density Residential single family (12k sq ft min lot size) by the City of Douglas. It is within a federally designated Qualified Census Tract (QCT). Douglas is situated on the border with Mexico, connecting to the City of Agua Prieta, Sonora (pop 91k 2020). The Douglas Port of Entry is also a key location for border crossings. Plans are in progress to expand the port’s capacity, which will increase the commerce and trade opportunities as well as the need for housing. The subject property is located 30 minutes from the City of Bisbee, 1 hour to the City of Sierra Vista and the New Mexico state line and 2 hours to the Cities of Tucson and Nogales. The 14 lots are at various stages but are close to being finished lots. The lots have access to the City of Douglas municipal water and sewer service. Electricity, natural gas, and cable/internet are also available near the property line. Buyer to verify the exact location and capacity of utilities and related water and sewer plant treatment capacity during due diligence. Seller also has available +/- 25.8 contagious acres for the next phase of the Vista Del Monte Estates subdivision.