VERMA EXTRACTS ANOTHER $4.5M IN CASA GRANDE LAND FLIP PROFITS

Three concurrent deals, so pay attention:

  • June 15, 2022
  • Bought 187ac for $8,041,000 or $43,000/ac or 99¢/sf cash (2022-06246);  seller Kiefer
  • Bought 160ac for $7,200,000 or $45,000/ac or $1.03/sf cash (2022-069250);  seller Lawrence (Nap/Spike)
  • Sold 347ac (both together) later same day for $ 19,706,544 or $56,791/ac or $1.30/sf cash (2022-069308)
  • Buyer/seller Verma et al acted as ARIZONA LAND CONSULTING LLC
  • Multiple buyers took title as Tenants in Common (TiC);  largest individual TiC CASA GRANDE 350 ACRES LLC appears to be related in some way to  Equity Land Group Holdings, LLC, at 9375 E Shea Blvd, Suite 100, Scottsdale AZ.
  • Tish Sopha at Title Security Agency inCasa Grande handled all three deals
  • Buyers’ intent is unknown
    VERMA EXTRACTS ANOTHER $4.5M IN CASA GRANDE LAND FLIP PROFITS
    VERMA EXTRACTS ANOTHER $4.5M IN CASA GRANDE LAND FLIP PROFITS
    VERMA EXTRACTS ANOTHER $4.5M IN CASA GRANDE LAND FLIP PROFITS
    VERMA EXTRACTS ANOTHER $4.5M IN CASA GRANDE LAND FLIP PROFITS

    VERMA EXTRACTS ANOTHER $4.5M IN CASA GRANDE LAND FLIP PROFITS
    VERMA EXTRACTS ANOTHER $4.5M IN CASA GRANDE LAND FLIP PROFITS