By: Daniel Benson; Belfiore Real Estate Consulting
LGI Homes has added to its South Buckeye lot inventory with its latest acquisition within the Sundance Master Planned Community, located in South Buckeye at Yuma Road & Watson Road. According to public record (click here to view the affidavit), LGI closed on 111 – 50’x110’ partially improved lots & 40 – 45’x110’ finished lots within parcel 26 & 27 for $3,900,000 ($25,828 per lot / $531 per weighted average front foot). The deal closed Wednesday 10/8/2014.
LGI is actively building within its Blue Hills Subdivision, also in South Buckeye, located at Baseline Road and Miller Road. As of Belfiore’s August survey, LGI had averaged 4.62 sales per month year-to-date. Base pricing ranges from $163,900 – $198,900 and plans range from 1,581 – 2546 SF.
LGI also recently closed on 121 finished lots within the Crystal Vista Subdivision, also in South Buckeye, located at Broadway Road and Apache Road. Click here to view additional details on LGI’s Crystal Vista acquisition.
