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 situated in Goodyear, Arizona. Land Advisors Organization represented the customer, Melcor Developments Arizona Inc. in Tempe, a subsidiary of Melcor Developments Ltd. in Edmonton, Alberta, Canada in this deal. The seller within the money purchase ended up being SBH Los Angeles Privada LP, a restricted partnership formed 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 carefully deciding on the last great deal item. The land adjacent south and west of Los Angeles Privada this is certainly targeted for the next 350 lots between two communities Paseo destination we and Paseo spot II can also 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 advertising Paseo spot we, Paseo spot 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 within the Phoenix area. The agents at 480-483-8100 for additional information, contact.

Land Advisors Organization focuses primarily on revolutionary land brokerage through deep market understanding and client that is unparalleled. Having an exclusive 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 every types of financial surroundings.

Land Advisors Organization employs a real brokerage that is collaborative with workplaces situated throughout Arizona, Ca, Florida, Idaho, brand New Mexico, Nevada, Utah, Texas and Washington. To find out more about LAO, check us out on our site at landadvisors.com and relate solely to LAO on Twitter Facebook, LinkedIn and Twitter.

BEYOND LAND

Land Advisors is just a nationwide group of respected, connected and skilled land specialists that offer advisory and brokerage services to consumers who 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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