Melcor Lands 195 Acres in Goodyear, AZ for $10,000,000

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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 positioned 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 transaction. The vendor when you look at the money purchase ended up being SBH Los Angeles Privada LP, a partnership that is limited by Sunbelt Holdings Inc. in Scottsdale. Nathan & Associates represented owner.

The undeveloped land found north of Yuma path and eastern of Perryville Road is zoned for 578 single-family residences in a residential area called Los Angeles Privada. Ryan Mott of Melcor Developments in Phoenix, claims the organization promises to measure the market before making a decision from the lot product that is final. The land adjacent south and west of La Privada this is certainly targeted for the next 350 lots between two communities Paseo destination we and Paseo destination II can be owned by Melcor Developments Arizona. In July 2014, Melcor paid $6.511+ million to acquire 120 acres found along both edges of Yuma path and western of Citrus path that comprises those tasks.

Land Advisors Organization can assist in promoting Paseo spot we, Paseo destination II and Los angeles Privada. Ryan Semro, Bret Rinehart and Ben Heglie brokered the transaction that is notable and can make use of Melcor Developments Arizona as asked for to pursue extra domestic land possibilities into the Phoenix area. For extra information, contact the agents at 480-483-8100.

Land Advisors Organization focuses primarily on revolutionary land brokerage through deep market understanding and client that is unparalleled. With a unique concentrate on land, Land Advisors Organization integrates present comprehensive information, cutting-edge technology and geographically specific experts to greatly help our customers identify and capitalize on valuable possibilities in most types of economic surroundings.

Land Advisors Organization employs a genuine brokerage that is collaborative with workplaces situated throughout Arizona, California, Florida, Idaho, brand New Mexico, Nevada, Utah, Texas and Washington. For more information on LAO, check us out on our web site at landadvisors.com and interact with LAO on Twitter Facebook, LinkedIn and Twitter.

BEYOND LAND

Land Advisors is a nationwide group of respected, connected and skilled land specialists that offer advisory and brokerage services to customers whom require a rock-solid, data-driven roadmap for acquiring, offering, 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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