Meritage Homes of Arizona, Inc., purchased 111 fully improved residential lots within the masterplan community of Watson Estates located SW of SWC of Yuma and Watson Roads in Buckeye.

Meritage paid $4,551,000.00 ($41,000 per lot) to acquire the lots which are 48’ x 115’.

The Seller was Watson Estates Associates, LLC.

The transaction was negotiated through Chris Benjamin, Rick Jellies and Jim Frazey of City to City Commercial in Scottsdale.