SOLD! North Scottsdale Subdivision Sells for 829% Profit

SCOTTSDALE – My Home Group – Carl Cunningham is proud to announce the sale of a 13-acre subdivision comprised of 11 unfinished custom home lots located on the southwest corner of Pima Road and Stagecoach Pass in Scottsdale Feb 23rd, 2018 for $2,145,000 ($165,000/ac).  8681 E Stagecoach Pass, Scottsdale, AZ 85266.
Ideally located within proximity to The Boulders Resort, Whisper Rock, Desert Mountain and a plethora of other world-class golf resorts, Bellezza da Stallone subdivision yields itself to 360-degree views from Desert Mountain to the north to Pinnacle Peak in the south and is one of the few larger parcels remaining in the area.
Carl Cunningham/Associate Broker, My Home Group, represented the Seller in this transaction. “I worked with the Seller to acquire the already existing subdivision in 2010 for $259,000 ($20,000/ac) and sold it for $2,145,000 for a 829% profit in only eight years proving the old quote “Don’t wait to buy real estate. Buy real estate and wait.” is true. This was an extremely successful result and I am very happy for my client.
Seller: H&M Enterprises, Inc. represented by My Home Group/Carl Cunningham Associate Broker.
Buyer: T.S.G Publishing Foundation represented by Coldwell Banker/Mary Kuhr.

Billboard Income Property

The Carl Cunningham Team at My Home Group is pleased to announce the commercial listing at 5260 E. Van Buren, Phoenix, AZ 85008.  This is a double billboard income producing property.  The billboard lease is on year four of a 20-year lease.  There are two billboards.  One side is digital, one side is static.  The… Continue Reading

The Decision To Buy in Today’s Market.

The Decision To Buy in Today’s Market.

Today’s market provides a potentially great opportunity to buy a home. Homeownership can provide many financial, lifestyle and social benefits. In today’s market, buyers also benefit from low mortgage rates, home ownership tax advantages and home prices that are still relatively low in many markets, yet showing signs of stability. Continue Reading

The Carl Cunningham Team

The Cunningham Team focuses on quality of service and excellent performance with each and every client.

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