Arlington Heights - ERG

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Eli Residential Group

Arlington Heights Development Kick-off

August 7 2022

Our Team

• Eli Tucker, President: Live, own, and investment in Arlington. Professional background in consulting, Finance degree from University of Maryland

• Val Sotillo, Realtor: Bi-lingual Peruvian native, former Columbia Pike resident

• Jean Thomae, Realtor: DC-area expert, current Alexandria resident, former award-winning wedding/event planner.

• Tonya Nelson, Realtor/Administrative: Northern VA real estate expert and current Alexandria resident

• Brian Wyatt, Realtor: 20+ year Arlington resident, professional background in advertising

We are leaders in Arlington residential real estate

• Arlington real estate experts with 100+ 5-star reviews

• Eli has written a weekly real estate column, Ask Eli, for ARLnow for 7 years and has individually sold $100M+ in Arlington real estate since 2018

• Val Sotillo is bi-lingual, Peruvian native

• Backed by RLAH @Properties, a DMV brokerage with 400+ agents and 25+ fulltime staff doing $2B+ in annual DC-area sales

• We provide professional full-spectrum residential real estate services to clients in Arlington and the surrounding DC-area communities including buying, selling, investing, and renting

• You have a team of the best partners in the industry for banking, legal, design, development, construction, and sales

• Buy-outs are roughly 30%-90%+ more than the current market value of your property

• Significantly upgrade your living and reduce your cost of ownership without being displaced from your community is life-changing and unique (unheard of )

ü The market value of your future home will be far greater than the value of your existing home will ever be

ü The annual appreciation of your future home will exceed the annual appreciation of your existing home

ü The maintenance cost of your future home will be far less than your existing home

We are excited & humbled to be partners in this transformational development

Eli Residential Group is available to you however you need us

We are independent

• Here to provide honest, independent guidance to you and the development team

• Not hired by anybody

We are here to provide guidance for things like:

• Determining the best options/layout for your future unit

• Selling your future unit before or upon completion

• Helping you find a new home in the DMV with your new wealth and generous banking agreement for a new mortgage

• Advising the design and development team on layouts/options to maximize the value and functionality of your future unit

The average non-Arlington Heights (AH) condo in 22204 sells for 55% more than AH condos

Your home is currently worth less and costs more to maintain than your neighbors

Condos in the two newest buildings – 1107 S Walter Reed (2015) and 989 S Buchanan (2018) – are worth approximately 2x more than AH condos

Buyers negotiate an average of 4.7% off the asking price on AH condos compared to 1.3% on other 22204 condos

Condo fees at AH are approximately 32% higher than fees in other 22204 buildings and approximately 63% higher than fees in the two newest buildings

Your future units will be worth 2-3.5x more than current value

Positive market conditions for condo values

• There will be increasing demand for new condos in Arlington due to lack of new condo development, we average less than one new condo building per year since 2010 and pipeline is almost empty

• Amazon hiring continuing at thousands per year to 25,000 plus new corporate headquarters including Boeing, Raytheon, Nestle

Projected market value of completed future units:

• 800 SqFt, 1-2BR: $475,000-$550,000

• 908 SqFt, 2-3BR:$525,000-$600,000

Contact information

• Eli Tucker

• Eli@EliResidential.com

• Cell (text/call): (703) 539-2529

• Val Sotillo (Spanish)

• Val@EliResidential.com

• Cell (text/call): (240) 449-9050

• Email Eli to subscribe to our monthly real estate newsletter or follow Eli’s weekly real estate column Ask Eli, published every Tuesday afternoon

• Read our reviews on Google, Zillow, and Facebook

• Visit our website at www.EliResidential.com

RLAH @Properties 4040 N Fairfax Dr #10C Arlington VA 22203 www.RLAHRE.com

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