Chandler, AZ San Marcos Condos resume construction

Real Estate Agent with RE/Max Infinity - DRE# SA528757000

Chandler az homesThings are looking up at the intersection of Arizona Avenue and Chandler Blvd in Chandler, Arizona where it has just been announced that the San Marcos Condominium project will resume construction on the last 22 units in the development.

The San Marcos Condos began production in 2007…probably the worst time ever to begin a new building project.  Who knew?

In 2007, the San Marcos luxury condos were priced and sold from $350,000 – $450,000.  Now?  About half the price at $189,000 – $239,000.

The two- and three-bedroom units with 1,350 to 2,050 square feet have 10-foot ceilings, 8-foot doors and granite counter tops. The homeowners association monthly dues are $135 and that covers all exterior maintenance and basic cable service, according to the developer.

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Gene Mundt, Chicago-area Mortgage Lender -
NMLS #216987, IL Lic. 0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 37 yrs experience

Amy:  This is just remarkably good news for Chandler ... heck, for the entire country!  This added to the general news regarding new construction starts is uplifting heading into '2012'.  Hopefully it's just the start of more positive to come ...

Hope you get your fair share of sales within the completed project! 


Dec 29, 2011 03:48 PM #1
Rich Cederberg
eXp Realty - Albuquerque, NM
eXp Realty Agent Albuquerque

We had a similar situation with some townhomes here in Albuquerue.  They built one full block and started two others then lost funding.  It seems like they're moving quickly now that they're building again. 

Dec 29, 2011 08:23 PM #2
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