Approved MF Development Opportunity, Cottonwood, AZ

The Bungalows on Main offering includes an approved plan for 48 one-story rental units. The duplex units offer both one and two bedrooms. Building permits have been issued, however due to the length of time since approval, the approvals and permits are set to expire in July, 2026. The property is ideally located within walking distance of the shops and dining in historic Old Town Cottonwood, as well as the Verde River and Riverfront Park, Cottonwood's largest park featuring a softball complex, playground, disc golf course, dog park, skate park, and an inline hockey rink. Dead Horse Ranch State Park is just over a mile to the north while Sedona, world-renowned for its spectacular red rock buttes, exquisite dining, spas and art galleries, is a short 20-minute drive.