Luxury Home Builder and Developer
Business Description
Founded in 2001 with numerous awards, accolades, magazine articles, and news coverage, Luxury Home Builder and Developer is the one of the top luxury homebuilders in Scottsdale, successfully completing over 500 custom home and development projects, totaling over $1billion in value and counting. These projects span the most desirable and exclusive gated communities in Scottsdale, Paradise Valley, and throughout the greater Phoenix area.
Luxury Home Builder and Developer’s unwavering commitment to superb craftsmanship, innovative design, and exceptional customer service has earned them the reputation of a Master Builder. With three developments containing 45 entitled lots ready for construction, there are years of ready to build development in the pipeline. The buyer has the opportunity to purchase 1/2 of the membership interest in three LLCs which own the real estate for $31,500,000. The entire fee ownership is likely available as well. The real estate legal descriptions and the operating agreements for the three LLCs will be provided. This is an amazing opportunity for a builder to walk into a thriving luxury homebuilding business with ready-to-build entitled lots.
Please contact Barry Maring at 701-212-8530 or barry.maring@fcbb.com for more information and current real estate status as lots and homes sell regularly and additional land may be purchased by the seller.
Luxury Home Builder and Developer’s unwavering commitment to superb craftsmanship, innovative design, and exceptional customer service has earned them the reputation of a Master Builder. With three developments containing 45 entitled lots ready for construction, there are years of ready to build development in the pipeline. The buyer has the opportunity to purchase 1/2 of the membership interest in three LLCs which own the real estate for $31,500,000. The entire fee ownership is likely available as well. The real estate legal descriptions and the operating agreements for the three LLCs will be provided. This is an amazing opportunity for a builder to walk into a thriving luxury homebuilding business with ready-to-build entitled lots.
Please contact Barry Maring at 701-212-8530 or barry.maring@fcbb.com for more information and current real estate status as lots and homes sell regularly and additional land may be purchased by the seller.
About the Business
- Years in Operation
- 24
- Employees
- 9 (9 Full-time)
- Facilities & Assets
- This location is owned and available for sale or lease with Total Rent of $17,572. Square footage of 5,394. Hours of operation are 8am-5pm Monday-Friday with 9 FT employees. $300,000 in FF&E is included in asking price. $1,000,000 is included in Account Receivables. AZ Contractor License required.
- Market Outlook / Competition
- There are a handful of competitors, but this company has ready-to-build lots available and possibly more to come.
- Opportunities for Growth
- Scottsdale luxury residential construction is a very successful space with most clients paying cash for the homes, so interest rates are not a primary purchasing decision. According to a recent article in the Arizona Republic, the $4MM sale price appears to be the sweetspot.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 5,394
- Rent
- $17,572.00 per month
- Lease Expiration
- 1/31/2029
About the Sale
- Seller Motivation
- Retiring
- Transition Support
- 2 weeks
Listing Info
- ID
- 2431053
- Listing Views
Listing ID: 2431053 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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