Forestar Group buys in Buckeye

By AZRE | AZ Big Media

Forestar Group acquired 325 planned lots in Buckeye for $5,362,500, , according to the commercial real estate tracking website Vizzda. The seller was TGV Investments.

The sale price breaks down to $16,500 per planned lot. The land is located at the northwest corner of Miller Road and Southern Avenue in Buckeye.

The lots are planned as a portion of Copper Falls, a master-planned community by KB Home Phoenix and Triyar Management. The master plan was first introduced on Sept. 6, 2005 and approved Oct. 18, 2005. The community is proposed for 639-lot single-family residential subdivision on 176.49 gross acres.

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