Keller Williams Adds New Luxury Home Division in Tucson

Ell ExclusiveEll Real Estate Team of Keller Williams Southern Arizona announces the launch of Ell Exclusive Real Estate Group, a luxury residential real estate service provider in Tucson.

Ell Exclusive Real Estate Group will serve residential buyers and sellers in Tucson’s luxury market, defined as homes priced at $500,000 and above. Ell Exclusive was founded by Keller Williams agent Jeff Ell, a Tucson REALTOR® and Associate Broker who continues to own and operate Ell Real Estate Team to serve clients across all price points.

Jeff Ell co-chairs the Keller Williams Southern Arizona Luxury Committee and is a member of Keller Williams’ Associate Leadership Council. He was the recipient of Keller Williams Southern Arizona’s greatest honor, the Eagle Award, for his business achievements in 2013. He is a member of the Tucson chapter of Urban Land Institute, a Greater Tucson Leadership graduate and a recipient of Inside Tucson Business’ “Up & Comers” award. He was recognized by the Tucson Association of REALTORS® with the Roy P. Drachman Community Service Award in 2012.

He formed his real estate business in 2006.

Ell Exclusive offers clients access to KW Luxury Homes International, Keller Williams’ elite network of Luxury Consultants that sets the standard for service and expertise in the upper-tier real estate market. Agents within KW Luxury Homes International receive powerful continuing education tools, including curriculum through the Institute for Luxury Home Marketing and Keller Williams University.

The Ell Exclusive brand is based on service commitments that prioritize the client experience, including a concierge service to assist during the transitional phases of home buying and selling.

The new division includes a buyer specialist and a marketing and client services director, to oversee property marketing and provide a dedicated contact for customer needs.

Ell Real Estate Team joined Keller Williams Southern Arizona in 2012. To learn more, visit https://Ell-Exclusive.com

 




Coopers DIY Buys New Mr. Beer Store in REO plus 5 Reasons to Homebrew

3366 N Dodge Blvd, Tucson
3366 N Dodge Blvd, Tucson

Coopers DIY, LLC of Tucson, dba Mr. Beer, purchased the property at 3366 N Dodge Blvd in Tucson for $906,000 ($72 PSF) for a new store location for Mr. Beer kits. The 12,640-square foot retail building (built 1980) was sold by Commerce Bank in an REO sale.

Coopers Brewery is a family owned brewery with 150 years of experience behind them, and is the world’s largest manufacturer of brewing malts. Mr. Beer®, established in 1993, is the world’s largest producer of home brewing systems. Coopers joined with Mr. Beer® in early 2012, and the world’s # 1 home brewing powerhouse was born!

Mr. Beer® brewers scored BIG with this merger and have made it easier than ever to brew your own beer at home. It’s legal in all 50 states now (Alabama being the last to sign into law on May 9, 2013), and affordable brewing equipment and ingredient kits are what Coopers DIY offers under the name of Mr. Beer.

And since Coopers is teeming with information and nice folks eager to help you at Mr. Beer, it’s hard to find a reason to say “no” to homebrewing. Instead, we have researched and found five reasons to go for it:

#1 Reason: You’ll have fun: You’ll be working with fire and a cauldron of boiling water, like in Macbeth, plus it makes you feel a little like an outlaw, forging your own path and engaging in slightly suspicious (although perfectly legal) behavior. There’s some heavy lifting, but overall, brewing beer is an awesome way to spend an afternoon.

#2 Reason:You’ll save money (well eventually): Gear wise, all it takes to get started is a cheap five gallon stock pot and a basic starter kit from Mr. Beer. This will run you about $100, but if you stick with brewing, these start-up costs will get spread out across many batches of beer. However, from what we were able to research, it’ll take less than four batches to recover your equipment costs and have a fridge stocked with craft-quality beer.

#3 Reason: You’ll make new friends: I’ve heard (at least once) that “beer people are good people” and this is never more evident than when you’re talking about homebrewers. There are thriving communities on the internet just waiting to help a newbie brewer get their first batch to come out just right, and then there’s people at every homebrew supply shop across America who are happy to point you in the right direction. You’ll be surprised how much support and guidance folks are willing to provide, mostly because they’ve been where you are and someone was there to help them, all you have to do is ask.

#4 Reason: You’ll learn a whole lot about beer: If you like to cook, then you know your culinary experiences at home allow you to deconstruct and better appreciate the work of a chef in a fancy restaurant. The same holds true for brewing your own beer. Brewing beer is the single best way to educate your senses, smelling, touching and tasting the raw ingredients make you better at understanding the work of others.

#5 Reason: You’ll feel proud: It’s an awesome feeling to take a sip of a beer you made yourself and realize that you totally nailed it! It isn’t hard to homebrew up a respectable batch of beer, but to create something that would make a master brewer blush is a feeling of triumph. That’s when your self-esteem jumps up a notch or two and you want nothing more than to duplicate that batch again.

Getting started is as easy as visiting the Mr. Beer store today at their company headquarters at 5620 N Kolb Road, Suite 205 Tucson, AZ, where everything is laid out for you, or you can go to their website at https://www.mrbeer.com.

Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | Picor represented the seller in this transaction while Ryan McGregor with Keller Williams Southern Arizona represented the buyer.
Zimmerman should be reached at (520) 546.2755 and McGregor is at (520) 886.8282 for more information.

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[mepr-show rules=”58038″]Sale date: 12/31/2013. Buyer paid all cash. APN: 111-04-033B. Property was formerly occupied by Triumph Builders SW.[/mepr-show]




September Tucson Multifamily Properties Sell at $1.4 M Aggregate for 47-units

1220-1236 N Roberts Way, Tucson
1220-1236 N Roberts Way, Tucson

September Tucson Multifamily Sales By Submarkets:

NORTHEAST SUBMARKET (Median sale price: $31,917 per unit)

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Roberts Apartments, a 12-unit complex at 1220-1236 N Roberts Way in Tucson, 85712 was purchased by John & Maria Soldo of Sun City, CA from Steven & Ann Broden for $370,000 ($30,800 per unit). Property consists of six 2Br/1Bth duplexes, totaling 8,112 sq. ft. (built 1957) on 1.03 acre. Units have beamed ceilings throughout and buildings are of adobe block construction. Seller had done many improvements. All but one unit was rented at time of sale. Units are individually metered and have covered parking and separate washer & dryer hookups. Peter Canacakos of Long Realty in Tucson represented the seller and should be contacted at (520) 546-2721. Allan Mendelsberg, Investment Specialist with Cushman & Wakefield | Picor in Tucson represented the investor and can be reached at (520) 546-2721.
Login for more information. [ismember]Proforma : Year 2012. Scheduled Gross Income: $62,580. Effective Gross Income: $59,451. Total Operating expenses: $24,527. NOI: $34,924. Pre-Tax Cash Flow: $34,924. Cap Rate: 9.44%[/ismember]

A fourplex at 2531-2533 N Columbus Blvd. in Tucson, 85712 sold for $132,000 ($33,000 per unit) to Larry Paul of Tucson. The 2,828 sq. ft. building (built 1948) is on a 10,041 sq. ft. lot. Property is two-stories with one studio, one 1-bedroom, and two 2-bedroom units. Kyle Mokhtarian and Matthew Skidmore with Realty Executives Tucson Elite of Tucson represented themselves dba KMS Enterprises, LLC of Tucson in the transaction. The buyer was represented by Anthony Boatner of Keller Williams Southern Arizona in Tucson. Mokhtarian and Skidmore can be reached at (520) 275-7175. Boatner is at (520) 615-8400.

EAST SUBMARKET
A duplex at 4534 E Montecito Street in Tucson, 85711 sold to Kim Uyen Mai of Tucson for $76,000 ($38,000 per unit).The 1,754 sq. ft. living space (built 1951) is on a 9,120 sq. ft. lot. Units consist of a 2-bedroom and a 3-bedroom. Tony Reed and Roger Breckenridge of Long Realty in Tucson represented the seller. Nam Van of Homesmart Advantage Group in Tucson represented the investor, and can be reached at (520)505-3100. Reed and Breckenridge can be contacted at (520) 577-7400.
Login for more information. [ismember]GSI: $14,400. Expenses: $1,333. NOI: $13,067. Cap Rate: 17.19%. Rents on both units were $600 per month. Property was on the market 12 days.[/ismember]

CENTRAL SUBMARKET (Median sale price: $43,250 per unit)
A fourplex at 235 W Lester Street in Tucson, 85705 sold for $180,000 ($45,000 per unit) to Jesus E Pedrego of Tucson. The 2,896 sq. ft. building (built 1982) is on a 7,405 sq. ft. lot. Property has four 2-bedroom units that sold vacant with a pro forma cap rate of 8.65%. Property was on the market for 77 days. Jeffrey Ell of Keller Williams Southern Arizona handled the transaction for investor and seller, Johnson Family Trust of Marana. Ell can be reached (520) 615-8400 for additional information.

A triplex at 847 N 2nd Avenue in Tucson, 85705 sold for $240,000 ($80,000 per unit) to KSW Properties, LLC of Tucson (Kaukaha Watanabe, member). The 2,209 sq. ft. building (built 1937) is on a 4,300 sq. ft. lot located near the U of A. There are two 2-bedroom units and one 1-bedroom unit, each has a single garage. Property was on the market for 14 days. Marsee Wilhems of Re/MAX Majestic handled the sale. Buyer is also a licensed real estate agent with Realty Executives Tucson Elite and has property back on the market for sale. Wilhems can be reached at (520) 885-9000. Watanabe is at (520) 300-6632.

A fourplex at 256 W Kelso Street in Tucson, 85705 sold for $130,000 ($32,500 per unit) to David Swanson of San Diego, CA. The 2,131 sq. ft. living space (built 1966) on a 9,155 sq. ft. lot. Units included two 1-bedroom and two 2-bedroom. Property was on the market for 31 days. Robert Brakey of Roca Realty in Tucson represented the seller. Pedro Romero of Premier One Realty represented the investor. Brakey can be reached at (520) 241-1283. Romero should be contacted at (520) 408-1885.

Eight units were sold at 808-822 East Blacklidge in Tucson, 85719 for $245,000 ($31,000 per unit) to 808-822 E Blacklidge, LLC of Tucson (Phil Lipman, managing member). The 3,020 sq. ft. living space (built 1985) is on a 24,384 sq. ft. lot. The seller was Tucson Urban League, Inc. of Tucson (Charles Battle (chairman). Tony Reed and Roger Breckenridge of Long Realty in Tucson handled the transaction for buyer and seller.  Reed and Breckenridge should be contacted at (520) 577-7400.

A duplex at 102-104 E Delano Street in Tucson, 85705 sold for $83,000 ($41,500 per unit) to Jesse Butler of Tucson. The 1,082 sq. ft. building (built 1958) is on a 9,000 sq. ft. lot. Seller was Joel Robert Whittaker and Thalia Pavo Real Whittaker Revocable Trust of Tucson.

A duplex at 2939-2941 N Palo Verde Avenue in Tucson sold for $123,000 ($61,500 per unit) to Barry & Michele Jones of Tucson. The 1,659 sq. ft. building (built 1979) is on a 6,000 sq. ft. lot. Walter Jennings of Tucson was the seller.

SOUTH SUBMARKET (Median sale price $26,567 per unit)
A triplex at 1221 S 11th Avenue in South Tucson, 85713 sold for $73,000 ($24,333 per unit) to Kelly Anne Melsted. The 1,516 sq. ft. building (built 1933) on a 6,970 sq. ft. lot was sold by Federal National Mortgage Association in an REO sale. The South Tucson consisted of three studio apartments. Tim Rehrmann and Alyssa Chavoya with Tierra Antigua of Tucson represented the seller. Diedra Plum with Keller Williams Southern Arizona of Tucson represented the buyer. Rehrmann and Chavoya can be reached at (520) 225-0073. Plum is at (520) 886-8282.

A triplex at 150 W Lincoln Street in Tucson, 85714 sold for $86,400 ($28,800 per unit) to Damien Choi and Jennifer Matias of Tucson. The 1,447 sq. ft. building (built 1952) is on a 6,950 sq. ft. lot. Property is two-stories with one 1-bedroom and two 2-bedroom units, individually metered with two new electric meters, separate gas and landlord pays water. The seller was self-represented, dba Deep Canyon, LLC, Gus Maughan of Cardinal Real Properties. Thomas Russo of Vista One Realty Group represented the buyer. To contact Maughan, call (520) 955-9209. Russo can be reached at (520) 413-1743.

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