Lennar Buys 75 Acres in Goodyear for $20.2M

Article originally posted on AZ Big Media on January 12, 2022

Land Advisors Organization announced it recently helped facilitate the sale of 327 single-family platted lots at the Avion at Ballpark Village, on behalf of Communities Southwest, in a $20.2 million transaction. The 75-acre parcel is part of the first phase of the development, which is located in Goodyear, Arizona.

Land Advisors Organization professionals Greg Vogel, Ryan Semro, Bret Rinehart, Ben Heglie and Wes Campbell represented the seller, Communities Southwest. The buyer was Lennar Arizona, Inc.

 

The Avion at Ballpark Village consists of 154 acres of residential land zoned for a variety of residential uses at the S/SWC of Estrella Parkway and Lower Buckeye Road. Phase 1 of the site consists of 327platted lots for a single-family residential subdivision. The lot mix ranges from 5,750 to 4,500 square feet, providing the buyer with a healthy range of options for development. The buyer expects to begin construction in Q1 2022.

“Avion at Ballpark Village is going to be one of the premier communities in Goodyear and Communities Southwest is excited to have Lennar as the first homebuilder in the project,” said Greg Lehmann with Communities Southwest. “It’s been great working with everyone involved in this project—the excellent people at the City of Goodyear, the thoughtful and professional team at Lennar, and the great team at Land Advisors Organization.”

Avion at Ballpark Village will feature a 7-acre private HOA owned Central Park that includes a pool, spa, community gathering pavilion, restrooms, two pickleball courts, ramada, shaded playground and sports field to be built as part of this first development phase. When fully developed, Avion will also feature seven neighborhood parks and a walking trail system running throughout the community. The two remaining phases of the community feature an additional 248 platted lots and a 24-acre residential parcel.

“This was a great opportunity for all the stakeholders involved,” Rinehart said. “Our residential land team was able to assist Communities Southwest with the sale by connecting them with an ideal buyer while helping Lennar continue to grow its footprint in the bustling and growing West Valley. It’s always rewarding when each party in the deal achieves their goals.” 

Located in the heart of the growth corridor in Goodyear, Avion at Ballpark Village also offers future residents the benefits of close proximity to major recreational amenities. The city of Goodyear recently developed an 86-acre Recreation Campus that provides residents access to a new state-of-the-art facility, complete with a 30-acre park with softball fields, multi-use plaza, playground, group ramadas and sport courts as well as a rec center and an aquatic center.

Located 20 minutes from downtown Phoenix, Avion at Ballpark Village residents will also enjoy the benefits of the Goodyear Ballpark, which is among the top spring training facilities in the nation and home to the Cincinnati Reds and Cleveland Indians. A total cost of more than $108 million already has been invested in the ballpark and surrounding amenities.

BACK TO TOP FIVE