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Melcor Lands 195 Acres in Goodyear, AZ for $10,000,000
Scottsdale, AZ (might 24, 2017) – Land Advisors Organization recently brokered the $10,186,000 purchase of 196 acres situated in Goodyear, Arizona. Land Advisors Organization represented the client, Melcor Developments Arizona Inc. in Tempe, a subsidiary of Melcor Developments Ltd. in Edmonton, Alberta, Canada in this deal. The vendor into the money purchase ended up being SBH Los Angeles Privada LP, a restricted partnership created by Sunbelt Holdings Inc. in Scottsdale. Nathan & Associates represented the vendor.
The undeveloped land positioned north of Yuma path and eastern of Perryville Road is zoned for 578 single-family residences in a residential district called Los Angeles Privada. Ryan Mott of Melcor Developments in Phoenix, claims the organization promises to assess the market before making a decision regarding the lot product that is final. The land adjacent south and west of Los Angeles Privada this is certainly targeted for the next 350 lots between two communities Paseo spot we and Paseo Put II can be owned by Melcor Developments Arizona. In 2014, Melcor paid $6.511+ million to acquire 120 acres located along both sides of Yuma Road and west of Citrus Road that comprises those projects july.
Land Advisors Organization can assist in promoting Paseo destination we, Paseo destination II and Los angeles Privada. Ryan Semro, Bret Rinehart and Ben Heglie brokered the notable deal, and can use Melcor Developments Arizona as asked for to pursue extra domestic land possibilities when you look at the Phoenix area. For more information, contact the agents at 480-483-8100.
Land Advisors Organization focuses on innovative land brokerage through deep market understanding and client that is unparalleled. With a focus that is exclusive land, Land Advisors Organization integrates present comprehensive information, cutting-edge technology and geographically specific experts to simply help our customers identify and capitalize on valuable possibilities in most forms of financial environments.
Land Advisors Organization employs a real brokerage that is collaborative with workplaces situated throughout Arizona, Ca, Florida, Idaho, brand brand brand brand New Mexico, Nevada, Utah, Texas and Washington. For more information on LAO, check us out on our internet site at landadvisors.com and connect to LAO on Twitter Facebook, LinkedIn and Twitter.
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Land Advisors is a nationwide group of respected, connected and skilled land experts that offer advisory and brokerage services to consumers whom need a rock-solid, data-driven roadmap for acquiring, attempting to sell, funding or developing land and land-related assets.
BUSINESS HEADQUARTERS 4900 North Scottsdale Path Suite 3000 Scottsdale, AZ 85251 480.483.8100
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