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

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 (May 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 transaction. The vendor when you look at the money purchase had been SBH Los Angeles Privada LP, a restricted partnership created by Sunbelt Holdings Inc. in Scottsdale. Nathan & Associates represented the vendor.

The land that is undeveloped 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 https://installment-loans.org/payday-loans-mt/ Melcor Developments in Phoenix, claims the organization promises to assess the market before carefully deciding in the lot product that is final. The land adjacent south and west of Los Angeles Privada that is targeted for the next 350 lots between two communities Paseo destination we and Paseo destination II can also be owned by Melcor Developments Arizona. In July 2014, Melcor paid $6.511+ million to acquire 120 acres positioned along both edges of Yuma path and western of Citrus path that comprises those jobs.

Land Advisors Organization can assist in promoting Paseo destination I, Paseo Put II and Los angeles Privada. Ryan Semro, Bret Rinehart and Ben Heglie brokered the notable deal, and certainly will utilize Melcor Developments Arizona as asked for to pursue extra domestic land possibilities when you look at 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. With a focus that is exclusive land, Land Advisors Organization integrates present comprehensive information, cutting-edge technology and geographically specific experts to aid our customers identify and take advantage of valuable possibilities in most types of financial surroundings.

Land Advisors Organization employs a real collaborative brokerage model with offices found throughout Arizona, Ca, Florida, Idaho, 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 interact with LAO on Twitter Facebook, LinkedIn and Twitter.

BEYOND LAND

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