Marcus & Millichap arranges sale of Sunrise Villas in Sarasota, FL for $2.1 Million

 SARASOTA, FL, May 25, 2012 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Sunrise Villas (top left photo), a 119-unit multifamily community located in Sarasota, Florida, according to Bryn D. Merrey, vice president and regional manager of the firm’s Tampa office.

The asset commanded a sales price of $2,100,000.

 

Michael P. Regan (middle right photo), a vice president investments and Francesco P. Carriera (middle left photo), associate vice president investments in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the seller, a private investor. 

The buyer, a private investor, was secured and represented by Michael P. Regan and Francesco P. Carriera

Sunrise Villas was built in 1961 and is located at 1809 19th Street, Sarasota, Florida.  The community is made up of ten various parcels located within a two-mile radius between 19th Street and 36th Street.  The various properties consist of forty-six, one-story buildings and comprise 117 two-bedroom/one-bathroom units, one two-bedroom/two-bathroom unit and one three-bedroom/one bathroom unit.

“There is a lack of properly priced “C” quality properties in the Sarasota market.  We were able to receive multiple offers and close the property with an all-cash buyer for 93 percent of the list price” comments Carriera.

Press Contact:

Bryn D. Merrey

Vice President/Regional Manager, Tampa

(813) 387-4700

The Lyon Team Returns to Keller Williams Realty

Lakewood Ranch, FL, Aug. 21, 2011 --(PR.com)-- Established Realtors Randy (lower left photo) and Pat Lyon (top right photo) have returned to Keller Williams Realty Sarasota-Lakewood Ranch. They will continue to serve residential clients with listings, re-sales and new home sales.

Residents of Lakewood Ranch, the Lyons have nine years of local real estate experience, and for a number of years ranked among the top in new home sales in Lakewood Ranch.

“We decided after being away for several years with another realty company that it was time to come home,” said Randy Lyon. “After helping to open the Keller Williams Lakewood Ranch office in 2003, we came back this year to a more established real estate brand. Keller Williams International is now the second largest real estate firm in the country!”

“We always held the Keller Williams business model in high regard,” said Pat Lyon. “That model has not changed during their continued meteoric rise in the industry. Along with the tremendous national support, we now enjoy a superb local staff and team leader as well as dedicated local ownership. Keller Williams is the place to be. We are always happy to discuss the advantages this business model brings to the agent.”

Raised in Berwyn, Pennsylvania and Westport, Connecticut, Randy is a graduate of the Rochester Institute of Technology.

A native of Toronto, Pat has lived in Montreal, Wellesley Hills, Massachusetts, Westport, Connecticut and Downingtown, Pennsylvania.

The Lyon team has built a reputation for providing professional service and building relationships based on integrity and trust for both buyers and sellers. To quote their tag line, “We take ‘Pride’ in our services.”

Keller Williams Realty Sarasota-Lakewood Ranch is located at 6710 Professional Parkway West, Suite 301, Sarasota, Florida 34240. The Lyon Team can be reached at (941) 228-6448. www.thelyonteam.com.

Contact

Keller Williams Realty Sarasota-Lakewood Ranch

Media Contact : Sheila Brannan Longo

(941) 355-3006

sheila@thomasbrannan.com

Thomas & Brannan Communications