CalAtlantic purchases 5 acres in Phoenix in two deals

(NEWS RELEASE) Ryland Home, now CalAtlantic Homes, purchased 1.66 acres located at 2541 East Osborn Road in Phoenix. The Purchase Price of the Property was $950,000 and CalAtlantic plans to build 11 to 14 homes on the Property.

CalAtlantic Homes recently purchased another parcel through Cashen which was a 2.3 acre parcel that was purchased for $2,284,000 located at the SWC of 50^th Place and Earll Drive in Phoenix (Arcadia Neighborhood). CalAtlantic Homes plans to develop nine (9) luxury homes on the Property.

Cashen Realty Advisors has other infill property sales that will be announced soon. Stand by for more information.

Ray Cashen can be reached at 602-393-4447.

CalAtlantic Homes

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January 7, 2016

CalAtlantic, Housing, Phoenix, real estate

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CalAtlantic purchases 5 acres in Phoenix in two deals

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