Vista Winds LLC Purchases 34.2 Acres in Peoria, Arizona for $6 Million

Scottsdale, Ariz. – Land Advisors Organization Scottsdale team of Mike Schwab, Bret Rinehart, Ryan Semro, and Ben Heglie represented the Sellers, Vistancia 150 Commercial LLC in a transaction of the purchase of 34.2 acres (28.15 net) in Peoria, AZ  from Vistancia 150 Commercial LLC for $6,093,456 on May 7, 2018.

Vista Winds LLC plans to develop a 218-unit Senior Living community on 15 acres, made up of 126 Independent Living, 60 Assisted Living and 32 Memory Care units, respectively. The development plans for the remaining 14 acres are for multi-family residential.

For more information regarding the Phoenix metro market and specifically this notable transaction, contact Mike Schwab at mschwab@landadvisors.com, Bret Rinehart at brinehart@landadvisors.com, Ryan Semro at rsemro@landadvisors.com, or Ben Heglie at bheglie@landadvisors.com.

 

About Land Advisors

Founded in 1987, Land Advisors Organization is the nation’s largest brokerage firm focused exclusively on land. We specialize in innovative land brokerage through deep market insight and unparalleled client relationships. Land Advisors Organization integrates current comprehensive information, cutting-edge technology and geographically specialized professionals to help our clients identify and capitalize on valuable opportunities in all kinds of economic environments.

Land Advisors Organization employs a true collaborative brokerage model with offices located throughout the nation. For more information, visit Land Advisors Organization at www.landadvisors.com

 

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