-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 J80MREGKbs3ZLK139HHjV95DsQ5Sv6AXOHloTm30bfWNq2qdV8Io+nLfX6qBE9Qe
 tgZRH4HLY1VcCLie+PrNuA==

<SEC-DOCUMENT>0001482887-10-000002.txt : 20100201
<SEC-HEADER>0001482887-10-000002.hdr.sgml : 20100201
<ACCEPTANCE-DATETIME>20100201172724
ACCESSION NUMBER:		0001482887-10-000002
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20100201
DATE AS OF CHANGE:		20100201
EFFECTIVENESS DATE:		20100201

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Arizona Opportunities Fund I LLC
		CENTRAL INDEX KEY:			0001482887
		IRS NUMBER:				271200701
		STATE OF INCORPORATION:			AZ
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-138344
		FILM NUMBER:		10564297

	BUSINESS ADDRESS:	
		STREET 1:		3332 NORTH VALENCIA LANE
		CITY:			PHOENIX
		STATE:			AZ
		ZIP:			85018
		BUSINESS PHONE:		602-327-8694

	MAIL ADDRESS:	
		STREET 1:		3332 NORTH VALENCIA LANE
		CITY:			PHOENIX
		STATE:			AZ
		ZIP:			85018
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0603</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001482887</cik>
        <entityName>Arizona Opportunities Fund I LLC</entityName>
        <issuerAddress>
            <street1>3332 NORTH VALENCIA LANE</street1>
            <city>PHOENIX</city>
            <stateOrCountry>AZ</stateOrCountry>
            <zipCode>85018</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>602-327-8694</issuerPhoneNumber>
        <jurisdictionOfInc>ARIZONA</jurisdictionOfInc>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <value>None</value>
        </edgarPreviousNameList>
        <entityType>Limited Liability Company</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2009</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Nathan</firstName>
                <lastName>Reid</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>JNJ Investments LLC</street1>
                <street2>3332 N. Valencia Lane</street2>
                <city>Phoenix</city>
                <stateOrCountry>AZ</stateOrCountry>
                <zipCode>85018</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Nathan Reid is a trustee of the Nathan Reid and Jean Reid Family Trust, which is the member of issuer.  JNJ Investments LLC is the manager of issuer.</relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Other Real Estate</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>No Revenues</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2010-01-07</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
            <isPooledInvestmentFundType>true</isPooledInvestmentFundType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>25000</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>5000000</totalOfferingAmount>
            <totalAmountSold>350000</totalAmountSold>
            <totalRemaining>4650000</totalRemaining>
            <clarificationOfResponse>The minimum amount that has to be raised is $500,000.  The fund may close without reaching the maximum amount ($5,000,000) so long as the minimum amount has been raised before the closing date as determined by the manager.</clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>8</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse>None of the gross proceeds of the offering will be paid to the manager, however, manager is to receive 25% of net cash from operations and net proceeds of sale after payment of priority return to members and return of capital.</clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>Arizona Opportunities Fund I LLC</issuerName>
                <signatureName>JNJ Investments LLC</signatureName>
                <nameOfSigner>The Nathan Reid and Jean Reid Family Trust/Nathan Reid</nameOfSigner>
                <signatureTitle>Member/Trustee of Member</signatureTitle>
                <signatureDate>2010-02-01</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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