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

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

FOR IMMEDIATE LAUNCH

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 ended up being SBH Los Angeles Privada LP, a restricted partnership created by Sunbelt Holdings Inc. in Scottsdale. Nathan & Associates represented the vendor.

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, states the business promises to assess the market before making a decision regarding 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 spot 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 spot we, Paseo Put 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 when you look at 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 client relationships. With a special concentrate on 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 brokerage that is collaborative with workplaces 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.

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