PHOENIX, ARIZONA – ORION Investment Real Estate facilitated the sale of a 1.65-acre site located on the southwest corner of 29th Street and Van Buren. The land was purchased for $850,000, or $11.86 per square foot. An affordable housing project is proposed to be built on the site.
Nick Miner, CCIM, of ORION Investment Real Estate exclusively represented the Buyer. Miner said, "This is the third land site I have helped Cardinal Capital acquire and we are currently looking for more sites for them.”
The Seller was represented by Gene Minchuk of Realty One Group.