Walton International Group Inc. announced today the successful completion of land sales in Walton's Camino Real Phase 1 project.
On February 24, 2009, Walton completed the sale of undivided interests in land located in Texas known as Camino Real Phase 1, to 1024 purchasers, for an aggregate purchase price of $18,160,000 USD.
The Camino Real Phase 1 project is part of Walton’s strategic 1700-acre Master Planned Community located just south of Austin Texas, known as Camino Real. Camino Real sits strategically between Austin and San Antonio along Interstate 35 and the recently constructed southern extension of the SH 130 Toll Road. Twenty-five minutes from downtown Austin, Camino Real is critical to the area's future expansion as exemplified by the two approved school sites and one existing new school, adjacent to the property, required to accommodate the region's expected population growth.
