Located in the Gila River Valley, Maricopa is considered part of Arizona’s Phoenix Metropolitan Area. It is considered one of the most historic communities in the entire state. In recent years, the population of this area has been growing, leading to a greater need for housing options within the city. As an investor, you have an unprecedented opportunity to build your wealth within the city of Maricopa.
As of 2019, the population of Maricopa was estimated at 52,127 people. The city covers nearly 32 square miles, all of which is land. Most of the city is flat, although mountain ranges are present within 20 miles.
If you live in Maricopa, you will experience hot summers and mild winters. During the warmest months of the year, the highs in Maricopa are above 100 and the nighttime lows will be high 60s and 70s. During the coolest months of the year, Maricopa’s high temperatures are in the high 60s and 70s, while nighttime lows fall to the mid 30s and 40s.
As of the most recent recorded census, approximately 70 percent of the population of Maricopa was white. Nearly 10 percent of the population was black, and a little over 4 percent was Asian. Nearly 1 in 4 people in the city identify as Hispanic. People of all ages live in Maricopa, with nearly one-third of the population under the age of 18, 40 percent between the ages of 18 and 44 and the remainder of the population aged 45 or older.
The majority of Maricopa is served by the Maricopa Unified School District. Charter schools are also available in the area. For post-secondary education, residents can visit Central Arizona College. Several parks are available for recreation in the Maricopa area, including Maricopa Lake Park and Jane Askew Memorial Park. Residents and visitors to this city can also enjoy golf, hang gliding, gambling and visits to the Dwarf Car museum.
As one of the oldest communities in the state of Arizona, Maricopa is proud of its rich history. The community has been located in three different places across the years, beginning in a series of watering holes on the banks of the Gila River. During the 1850s, Maricopa became one of the first stagecoach relay systems used for organized transport in the state of Arizona. In the 1870s, Maricopa morphed into a supply and trading center for thousands of travelers moving in any direction.
Maricopa moved in 1879 in order to accommodate the Southern Pacific Railroad. When the railroad’s route changed, Maricopa moved one final time. The town served as a railroad junction for four decades before railroad lines were redirected. After the departure of the railroad, Maricopa became known as a farming community. It was officially incorporated in 2003.
When Maricopa was first incorporated in 2003, its population was only a little over 1,000 people. Since that time, Maricopa’s population has grown exponentially. This has led to a significant demand for housing in the form of rentals, renovations and new constructions. As a result, new houses are popping up all over the city to meet the needs of buyers. In addition, investors are finding lucrative fix and flip opportunities in the city of Maricopa as well.
People choose to move to Maricopa for a variety of reasons. As one of the fastest-growing cities in the entire state of Arizona, Maricopa is continuously developing new amenities and opportunities for its residents. It is also one of the safest cities in Arizona, allowing homeowners and renters alike to feel secure in their homes. In addition, Maricopa’s schools have some of the highest possible ratings, which is appealing to families with children.
As more people look for homes in Maricopa, the housing demand will only continue to grow. For this reason, if you are a prospective investor, the time to act is now. One of the easiest ways to start earning money on real estate in Maricopa is by securing a hard money loan. As some of the best hard money lenders Arizona has to offer, Hanson Capital is here to help you realize your investment goals.
Traditional real estate loans require borrowers to meet stringent credit requirements and submit mountains of income and debt documentation before they can qualify for financing. Hard money loans, on the other hand, have much more flexible requirements. With a hard money loan, you will still be asked to submit to a credit check, but the qualifications won’t be nearly as strict. In many cases, you will be able to secure a loan based solely on the value of your property, even if your credit score is low. Stated income is often accepted in the place of W2s and other paperwork.
Hard money lenders in Arizona are able to provide you with the money you need much faster than a traditional lender. This money can be used for almost any real estate investment purpose, from fix and flips to new constructions. At Hanson Capital, we can fund your loan in as little as 24 hours. Most of our loans will provide up to 85 percent LTC or LTV. Please contact us today to learn more or to begin the application process.
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