Meritage Homes(NYSE:MTH), a Scottsdale based U.S. home builder, has acquired property in the city of Maricopa.
Meritage said Monday that it had purchased about 1,288 finished and entitled/planned lots inside Province, a guarded and gated Maricopa, Arizona master-planned adult community. Meritage Homes will be offering new homes for sale starting from the mid $100,000, according to Jeff Grobstein, Regional President.
Maricopa is located in Pinal County, thirty miles south of Phoenix.
