Colter Place

Atlanta based homebuilder LGP Enterprises, Inc., purchased a ±2.11 Acre residential infill site located at 13th Pl & Colter Rd, Phoenix. The cash purchase price was $2,000,000 | $64,516/Planned Lot (31 Lot portion of entire site). This transaction represents the first purchase in a ±2.98 Gross Acre site - tentatively called Colter Place - that will total 51 Single Family Row Townhome Lots | 20’ x 40’. The Seller was 13th Place SF, LLC. Grant D. Helgeson and Don McCaul of the Westland Properties Group represented the Seller in this transaction.