CONCHO VALLEY PROPERTY OVERVIEW

The Investment-Development Opportunity includes approximately 26 acres of land with engineered plans for 32 Townhomes or Mobile Home Sites, a fully operational 7,000 sq ft Clubhouse, Driving Range, two Townhomes, additional outbuildings, and extensive water rights dating back to the year 1882.

The former Concho Valley Country Club is located in the Opportunity Zone in Concho, Arizona approximately 27 miles Northeast of Show Low along Highway 61. The opportunity is comprised of two adjacent parcels, 7 acres and 19 acres. The property is on all city services. In addition to the ‘First in Time’ water rights dating back to 1882, is city water service provided by a privately owned water utility company . The Spring that runs along the property produces approximately 300 gallons per minute resulting in a year around creek. The private municipal sewer system has been installed within and around the original golf course and has the capacity to service 50+ additional Townhomes or Mobile Home Sites. Navopache Electric provides electric service to the property, the Clubhouse, and existing Townhomes. There is also electric power and conduit throughout the entire golf course.

The original 7,000 sq ft Clubhouse has two lounges, a large commercial kitchen and a second smaller kitchen, restrooms, two vaulted dining areas, and a performance stage. The facility is currently leased by an independent pizza restaurant. The Clubhouse has an adjacent 1,500 sq ft building that originally served as the country club’s changing room. Both structures are serviced with a 600 AMP electrical panel.

The two Townhomes are newer construction and rent ready. One unit is a 3 bedroom/3.5 bathroom and the second unit is a 2 bedroom/2.5 bathroom. Both Townhomes have 2 car garages and the entire structure has a metal roof. Footings have been poured for two additional Townhome buildings.

The unique bridge entry into the Concho Valley Country Club sets a distinct tone for the investment opportunity. With its 26+ fertile acres, extensive water rights, private creek stocked with trout, and existing infrastructure, the former country club offers multiple opportunities for a Developer. A must see Development Opportunity!