Arizona Type 2 Water Rights

•Unique in that they can be used anywhere within an Active Management Area (“AMA”)

•There are 5 AMA’s in Arizona: Prescott, Phoenix,  Pinal, Tucson and Santa Cruz

•Type 2 owners possess a number of acre feet that can be leased or sold annually for non-irrigation water uses such as mining, industrial, etc.

•Demand and pricing varies among AMA’s but value of these water rights has increased and is most likely to continue to appreciate 

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