By AZRE | AZ Big Media
Alliance Residential bought 16.92 acres of land in Goodyear for $5,425,000, according to the commercial real estate tracking website Vizzda.
The land is located at the southeast corner of Estrella Parkway and Lower Buckeye Road in Goodyear.
The seller was El Dorado Holdings.
Bret Rinehart, Ben Heglie, and Ryan Semro of Land Advisors represented the seller.
Alliance Residential has proposed Prose at Ballpark Village, a 360-unit multifamily development and intends to use the land for that development.
The Goodyear Ballpark area has become a hot spot for multifamily development.