Taylor M
orrison Homes purchased the 3.36-acre Park 16 site, located south of the southeast corner of 28th Street and Union Hills Drive, in Phoenix.
The site consists of 16 platted and engineered lots with a typical lot size of 45’ x 120’. The cash purchase price was $960,000 to $60,000 per lot.
Empire Residential Communities Fund 1 LLC sold the property.
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