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 (might 24, 2017) – Land Advisors Organization recently brokered the $10,186,000 purchase of 196 acres based 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 seller within the money purchase had been SBH Los Angeles Privada LP, a restricted partnership created by Sunbelt Holdings Inc. in Scottsdale. Nathan & Associates represented owner.

The land that is undeveloped 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, states the business promises to measure the market before carefully deciding on the last great deal item. The land adjacent south and west of Los Angeles Privada that is targeted for the next 350 lots between two communities Paseo spot we and Paseo destination 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 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 certainly will assist Melcor Developments Arizona as asked for to pursue extra domestic land possibilities into the Phoenix area. For more 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 give attention to land, Land Advisors Organization integrates present comprehensive information, cutting-edge technology and geographically specialized professionals to aid our customers identify and take advantage of valuable possibilities in most forms of financial surroundings.

Land Advisors Organization employs a genuine brokerage that is collaborative with workplaces situated throughout Arizona, Ca, 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 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 who require a rock-solid, data-driven roadmap for acquiring, offering, funding or developing land and land-related assets.

CORPORATE HEADQUARTERS 4900 North Scottsdale Road Suite 3000 Scottsdale, AZ 85251 480.483.8100

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