Archive for the Gilbert, AZ category.

I’ve been showing property all weekend to my relatives who are relocating down to Gilbert, AZ. They were looking for an Active Adult Community, 55+ with golfing. They love to golf, and Trilogy at Power Ranch has a beautiful coarse with very reasonable fees. We ended up making an offer on one property, which looks like it’s going to go through. However, throughout this process, we’ve come across quite a few motivated sellers who are looking to get their home sold NOW. Many of the agents I spoke with said that their clients would accept a much lower price in order to close quickly. I see some outstanding opportunities here for anyone looking to move into Trilogy. I’m shocked at the size and quality of home my clients are purchasing for less than $230,000. Every home we looked at was in excellent condition, ready to go. If you, or anyone you know, are considering purchasing in Trilogy, please contact me and I can assist in finding you a great deal.

If you haven’t heard, there’s a large baseball and sports complex opening in Gilbert, AZ. Big League Dreams was contracted by the City of Gilbert to build the complex- they are known for replicating famous stadium as fields such a Wrigley Field, Yankee Stadium, and Fenway Park. The Grand Opening is set for this coming Saturday.

"The grand opening will feature at least one major-leaguer and coach, retired Los Angeles Dodger Bill Russell, a friend of the owners.

There will be several youth and adult games during the opening, including one between police and fire officials umpired by town judges. The Gilbert Youth Soccer Association will also play at the park’s indoor soccer field, bouncy gyms will be available for kids, and the batting cages will be open for free. Adults interested in playing for a Big League Dreams league can attend “free agent” days during the next two Wednesdays at 7 p.m. at the stadium near Power and Elliot roads. Every free agent attending is promised a spot."

Apparently, the scheduled $20 Million project has turned into $40 Million due to "cost overruns", which I am unclear has to whether the Town of Gilbert is paying fully for those. They were to be splitting the cost of the complex with Big League Dreams. After the fourth year, they will be splitting revenues as well, expected to range from $500,000 to $1 Million annually. Obviously, with such an attraction, it is expected to bring in many events and sporting teams, looking to play at the fields. I’m sure there will be a nice increase in revenues for the surrounding area businesses as well, bringing many out of towners in for various sporting events.

I’m a big fan of investing in Gilbert- and this is just more reason to do so. If you’d like to read the entire article, check out the East Valley Tribune.

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