(Disclosure: Rose Law Group represents Taylor Morrison and K. Hovnanian Homes.)
By AZRE | AZ Big Media
In a series of three transaction, 143 lots in the Verrado residential real estate development of Buckeye were sold for a total of $13,778,812.
50, according to the commercial real estate tracking website Vizzda. The lots, all located at the northeast corner of Verrado Way and Indian School Road, are part of the Verrado Victory District in Buckeye.
The seller was DMB Associates.
• K Hovnanian Homes purchased 79 lots for $7,589,312.50, which breaks down to $96,067.25 per lot.
• Taylor Morrison purchased 35 lots for $4,217,500.
• David Weekley Homes purchased 29 lots for $1,972,000, which breaks down to $68,000 per lot.
The broker on the deals was Nate Nathan of Nathan & Associates.