Rapidly growing auto dealer Steve VanGorder has bought land for an expanded dealership in Beavercreek.
Greene County property records show that SVG Properties paid just over $1 million for property at 3415 Seajay Drive, the former home of Eastgate Ford.
The purchase was of nearly 5.8 acres of land.
REAL ESTATE:Developer buys more Huber Heights land
SVG Motors has locations in Dayton at 400 Shoup Mill Road, as well as Eaton, Urbana and Greenville.
SVG has expanded aggressively in recent years.
“Thirty days from now you might not recognize the place,” VanGorder told the Springfield News-Sun last summer after he bought Trenor Motors in Urbana. “We’re going to invest some money making it more something you might see in a dealership in the 2000s. There’s some appeal to the look of the place but GM is holding all their dealers to a higher standard and we want this to be a comfortable experience for everybody that comes into the dealership.”
In April 2016, SVG acquired the Myers Chrysler Dodge Jeep Ram dealership in Eaton.
Since May 2014, VanGorder’s acquisitions have grown from a single used car dealership.
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