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