CAR DEALER FAMILY STEALS 6+ ac

DATE: February 23 and March 24, 2017 AOPV: 2017-012302, 2017-012303 2017-020827 SELLER: Various BUYER:  JONES BROTHERS INVESTMENTS LLC (Thomas Jones, Ronald Jones, Buckeye, AZ) BROKERS:  CITY TO CITY (Ken Reycraft) APN:  504-41- (multiple), 501-42- (multiple), 504-09-024-K ADDRESS:  NEC Pinal Ave/Silver Reef Rd, Casa Grande SIZE:  approx. 6.29ac (Pinal County Assessor;  including abandoned rights-of-way) PRICE:  $200,000 + $200,000 […]

ARROYO VERDE ESTATES LOTS SELL IN BULK

DATE: February 23, 2017 AOPV: 2017-012302, 2017-012303 SELLER: MCCARTNEY ESTATES LLC BUYER:  AROYO ARIZONA, LLC (Phoenix, AZ) and ARROYO VERDE 35 LLC (Kevin Petersen et al, Gilbert, AZ) BROKERS:  unknown APN:  401-04- (multiple) ADDRESS:  SEC McCartnery/Weaver Rds, Casa Grande SIZE:  53 + 6 = 59 1ac+ lots (Pinal County Assessor) PRICE:  $1,530,640 ($28,880/lot) and $173,280 ($28,880/lot) cash […]

AZ SKYDIVING sells Eloy 40ac

DATE: March 29, 2016 AOPV: 2016-018606 SELLER: ARIZONA SKYDIVING HOLDINGS, LLC (Lawrence and Liliane Hill, Eloy, AZ) BUYER:  Dennis Wagar (Marion, MT) BROKERS:  unknown APN:  500-40-002 ADDRESS:  W of Sunland Gin Rd, S of Harmon Rd SIZE:  40ac MOL PRICE:  $160,000 cash COMMENTS:  Motivation for this deal is unknown, but price is kinda (spectacularly) high;  might have […]

FLORENCE HOLIDAY INN EXPRESS SELLS

DATE: March 18, 2016 AOPV: 2016-016032 SELLER:  PINAL HOTEL AZ 1, LLC (John Shoecraft, Mgr, Scottsdale AZ) BUYER:   GTI FLORENCE, LLC (APAM HOLDINGS, Member, Rancho Cucamonga, CA) BROKERS:  unknown APN:  202-06-001-N ADDRESS:  240 W Hwy 87, Florence AZ 85132 SIZE:  unknown PRICE:  $5,850,000,000 cash COMMENTS:  Nice hotel, circumstances of sale unknown, but suspicion is economic […]

LOCAL FARMER BUYS NICE 160ac FARM

DATE: March 16, 2016 AOPV: 2016-015490 SELLER:  CG-5 LOAN, LLC / Rader Family Trust by Katalin Rader and Garry Samuels (Pleasanton, CA) BUYER:   KEELING FAMILY PARTNERSHIP (Casa Grande, AZ) BROKERS:  unknown APN:  511-24-003 ADDRESS:  S/E/C Selma Hwy & Chui Chu Rd SIZE:  160ac MOL PRICE:  $1,440,000 cash COMMENTS:  Wow – nice piece but pretty spendy.   […]

S Casa Grande MHP Sells

Lotsa MHP sale action recently … wonder why. DATE: March 16, 2016 AOPV: 2016-015435 SELLER:  Diersbock, TTEE (MIssion Viejo, CA) BUYER:   LAS CASITAS CG (San Juan Capistrabo, CA) BROKERS:  unknown APN:  511-26-003-D, -013 ADDRESS:  Chui Chu Rd N of I-8 SIZE:  35ac, unknown # of spaces or park-owned units PRICE:  $1,850,000 cash       […]

Big Little Land Deal

Is a $20,000 dirt deal worthy of making headlines?  This piece, in this market is, yes.  A mere 2ac parcel in a god-forsaken part of the world just sold for $20,000 – or $10,000/ac.  YES – it was a seller carry, and YES it had power and probably water, and YES it is a corner. […]

“Big George” Buys More Land

“Big George” (Johnson) is on the acquisition trail again, this time with what appears to be 178ac of ou-of-production farmland just east of Florence on Diversion Dam Rd.  This land is sorta near the recent Apple land buy and in the area that is perennially proposed for new prisons, but we don’t have a clue […]

Another True “Spec” Piece in Eloy

Remember when junky (no water, no power, no cactus, no access) little (40ac) pieces of desert used to sell for $1,000/ac at the bottom of every cycle?  And then rise to $2,000, $5,000 and even $7,500 at or near the top?  Well, the last top for parcels like this got into the teens, twenties and […]