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 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 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 Melcor Developments in Phoenix, states the business promises to assess the market before carefully deciding regarding 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 Put 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 west of Citrus path that comprises those jobs.

Land Advisors Organization can assist in promoting Paseo spot we, Paseo spot II and Los angeles Privada. Ryan Semro, Bret Rinehart and Ben Heglie brokered the notable deal, and certainly will use 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. By having an exclusive give attention to land, Land Advisors Organization integrates present comprehensive information, cutting-edge technology and geographically specific experts to simply help our customers identify and take advantage of valuable opportunities 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 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.

BEYOND LAND

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