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$123K purchase

Apache Junction water district to buy land near well

A sale agreement and purchase of land for $123,500 adjacent to Well No. 8 at 2102 S. Coconino Drive in Superstition Villa was discussed at a recent Apache Junction Water Utilities Community Facilities District board meeting.

“The developer reached out to us. His property was a small parcel; it’s ... between our well site and adjacent apartment complex. He was looking to sell it because he could not develop it in the way he wanted to. He reached out to us to see if we were interested in purchasing this property,” Water District Director Mike Loggins said during the board’s Feb. 20 meeting.

The agreement is between the district and Gold Canyon resident and property owner David Wirth. It includes a $123,500 purchase price in cash with no financing or entitlement contingencies, according to a written purchase and sales agreement.

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