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Meritage Homes buys lots in Parker

Douglas County

Property Location: SWC Aventerra Pkwy. & Jordan Road, Parker

Property Description: 62 vacant lots

Land Size: 11.23 acres

Sales Price: $4.03M, or $65,000 per lot

Reception No.: 2016067122

Closing Date: 9/23

Grantor: NNP II Stonegate LLC, Alan F. Bauer, SVP

Grantee: Meritage Homes of Colorado Inc.

Comments: Lots 1-29, Stonegate Filing No. 4, 6th Amendment = 5.49 acres with average lot @ 8,243 sf, smallest at 6,820 sf, largest lot at 16,479 sf.

Lots 1-33, Stonegate Filing No. 22, 5th Amendment = 5.74 acres with average lot size at 7,583 sf, smallest at 6,168 sf and largest lot at 11,738 sf.

Comp of the Day is provided by John V. Winslow, president of Winslow Property Consultants. Winslow has more than 40 years’ experience in commercial real estate. He can be reached at 720-612-7878 or Colprop2012@gmail.com.