Toll Brothers Return Buys 72 P&E Lots at Dove Mtn. for $6 Million

Marana – Toll Brothers AZ Construction Company of Scottsdale (Jeff Nielsen, Land Acquisition) has purchased 72 P&E lots at Los Saguaros at Dove Mountain in Marana for $5.994 million ($83,250 per lot). The lots are 72’ x 140’ and 90’x 140’ in size. The seller was Tortolita Properties, LLC of Scottsdale (Art Powell, manager).

Toll Brothers hope to open this new development as early as October 2014.

Neilsen told us that Toll Brothers has been out of the Tucson market since 2007. “We’re excited to be back,” Neilsen said. “Marana was very easy to work with and business friendly, and we are liking the opportunities we see in the region.”

Toll Brothers is a publicly owned company listed on the New York Stock Exchange (NYSE:TOL). A FORTUNE 1000 Company it ranked #1 in 2011 and 2010 in Financial Soundness, Long-Term Investment, and Quality of Products/Services in FORTUNE magazine’s annual World’s Most Admired Companies survey in the home building category. The company has won the three most coveted awards in the home building industry: America’s Best Builder, National Builder of the Year, and the National Housing Quality Award.

Toll Brothers believes that preserving the natural environment is an integral part of creating a community you’d be proud to call home. That means everything from environmentally sensitive planning to energy-efficient home design. Nationwide, Toll Brothers partners works with conservation groups such as the National Wildlife Federation and Audubon International. In addition, the homes they build are designed to harmonize with the scenic beauty of the surrounding landscape, preserving as much open space as possible, incorporating and even restoring the existing hills, trees, and ponds. Their homes include numerous green features that help to minimize impact on the environment. Going green with Toll Brothers means saving money, making a difference, and maximizing the quality of life.

Toll Brothers is currently building in 19 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Nevada, New Jersey, New York, North Carolina, Pennsylvania, Texas, Virginia, and Washington.

The company is also looking for more opportunities in the area.

Nielsen can be reached at (480) 596-5815

[mepr-show rules=”58038″]Sale date: 3/27/2014. Down payment: $1 million with seller carry back for balance. Lots 62-133 Los Saguaros at Dove Mountain sequence No. 20121640199. APN: 218-37-139 thru 210.[/mepr-show]