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000 12th Street - Spring Verde Apartments 8.81 Acres of Commercial Land in Cottonwood, AZ 86326

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EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 8.81 AC

1 LOT AVAILABLE

Lot

Lot Size 8.81 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 406-06-028G
  • 406-06-028J
Land Assessment
$2,263,788 CAD
Improvements Assessment
$5,361,555 CAD
Total Assessment
$7,625,343 CAD
  • Listing ID: 38572171

  • Date on Market: 2025-11-25

  • Last Updated:

  • Address: 000 12th Street, Cottonwood, AZ 86326

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