Monday, February 26, 2007

Land Investment: Trekell & I-8 (Casa Grande, Arizona)

Minimum Investments Starting At $175,000.00

Trekell & I-8 Property Information:

This is an exciting land opportunity in Casa Grande, Arizona, located in the Phoenix MSA, one of the fastest growing population centers in the U.S.

The property, consisting of approximately 43.51 net acres of raw land, is an attractive play because of its position in the current and future paths of increasing population, residential, retail, and development activity.

Property Description:
The Property is located at the interchange of Interstate 8 and Trekell Road, in Pinal County, in the City of Casa Grande Planning Area (2.5 miles south of the current city limits) within the Phoenix, Arizona MSA. The Site contains approximately one-half mile of freeway frontage, and has direct access off of Trekell & I-8 a quarter-mile north of the freeway on-off ramp.The total purchase price is $6,020,779 ($3.18 per net square foot), which is projected to appreciate to $11,371,774 ($6.00 per net square foot) over a five year period, assuming current growth patterns continue. This produces an 89% increase in value over the projected five year hold period.

Casa Grande boasts excellent regional access, located at the crossroads of Interstate 10 and Interstate 8, providing ready freeway access to Downtown Phoenix (50 miles to the north), Phoenix Sky Harbor International Airport (45 miles), and Tucson (60 miles to the south). This places Casa Grande in a superior position as a bedroom community to Phoenix, by offering residents an easier commute, and also makes the city attractive to warehouse distribution companies.

The structure is a straight equity purchase and there is currently no debt on the Property. The intent is to purchase the land and hold it for approximately five years and sell in an escalating market.

Please contact me for a full marketing brochure and further information regarding this investment.

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