November 22, 2024 10:39 am
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Davis Enterprises closes on Mid-Town acreage

Mid-Town

By: Daniel Benson; Belfiore Real Estate Consulting

According to public record (click here to view the affidavit), Davis Enterprises – 4700 N. Central LLC (Davis Enterprises; Jenifer Davis-Lunt Managing Partner) closed on a 1.08 acre site located in Mid-Town Phoenix at the north east corner of 1st and Highland Avenues. The deal closed April 29, 2014 for $1,375,000 ($1,274,328 per acre/ $14,323 per entitled unit).

The seller in the transaction was Skybridge Central LLC (Skybridge Companies; Bryan Morganstern Managing Partner). According to a property listing packet found on Skybridge’s website (click here to view packet), the site is entitled to build up to 96 residential units.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.