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 customer, Melcor Developments Arizona Inc. in Tempe, a subsidiary of Melcor Developments Ltd. in Edmonton, Alberta, Canada in this deal. The vendor into the money purchase had been 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, states the business promises to assess the market before carefully deciding on the lot product that is final. The land adjacent south and west of Los Angeles Privada this is certainly targeted for the next 350 lots between two communities Paseo Put we and Paseo destination II can 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 destination we, Paseo destination II and Los angeles Privada. Ryan Semro, Bret Rinehart and Ben Heglie brokered the transaction that is notable and can use Melcor Developments Arizona as asked for to pursue extra domestic land possibilities within 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 unparalleled customer relationships. 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 every forms of financial surroundings.

Land Advisors Organization employs a real brokerage that is collaborative with workplaces positioned throughout Arizona, Ca, Florida, Idaho, brand brand brand New Mexico, Nevada, Utah, Texas and Washington. For more information on LAO, check us out on our web site at payday loans Louisiana landadvisors.com and relate with LAO on Twitter Facebook, LinkedIn and Twitter.

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