![Copy of MGC_2.CanyonRidgeWest.jpg](https://images.squarespace-cdn.com/content/v1/657b36c97151ad704b16155f/0d5853ed-6d79-44ba-9611-f27837de0973/Copy+of+MGC_2.CanyonRidgeWest.jpg)
Canyon Ridge West
Surprise, AZ
An opportunistic acquisition of two continguous undervalued parcels totaling 120 acres. The creative deal structure, involved 80% seller carryback financing from the RTC. Vaulter's value-add strategy included increasing developable acreage through floodplain reclamation and successful replanning and rezoning. Additionally, Vaulter structured a Joint Development Agreement (JDA) with a homebuilder, who committed to installing backbone infrastructure/utilities in exchange for a credit toward land price. Vaulter's vision resulted in the successful conversion of raw, unimproved, partial flood plain desert into builder-ready Superpads for a Mixed-Use Master Planned Community (MPC). This comprehensive approach not only unlocked the potential of undervalued RTC land but also showcases our brand promise of Asset Value Transfomation.
Asset Background
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120 Acres
Plan for SuperPads
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Builders
Developers