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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

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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 online payday advance Mississippi, Alberta, Canada in this deal. The vendor when you look at 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 land that is undeveloped north of Yuma path and east 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 organization promises to measure 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 also be owned by Melcor Developments Arizona. (more…)

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