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 deal. 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 business promises to assess the market before making a decision regarding 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 spot we and Paseo spot II can also 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 jobs.

Land Advisors Organization can assist in advertising Paseo destination we, Paseo destination II and Los angeles Privada. Ryan Semro, Bret Rinehart and Ben Heglie brokered the transaction that is notable and certainly will assist 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 a unique consider land, Land Advisors Organization integrates present comprehensive information, cutting-edge technology and geographically specific experts to greatly help our customers identify and take advantage of valuable possibilities in most forms 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. For more information about LAO, check us out on our internet site at landadvisors.com and relate genuinely to LAO on Twitter Facebook, LinkedIn and Twitter.

BEYOND LAND

Land Advisors is just a nationwide group of respected, connected and skilled land experts that offer advisory and brokerage services to customers whom require 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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