Phoenix Lot Strategy

Phoenix, AZ

Following the residential market crash, we began purchasing fully finished residential lots in the Phoenix area with local partners. From 2009 through 2011 Bixby acquired approximately 5,500 lots, either directly or through foreclosure, at prices generally less than 25% of the land improvement cost. Bixby has begun selling lots to homebuilders, and expects to continue dispositions as the Phoenix market improves.

Property Details

Phoenix Lot Strategy

Property Type

Residential Lots

Location

Phoenix, Arizona