Wednesday, September 11, 2013

NAI Realvest negotiates $3.05 Million acquisition of 14-Acre Maguire Road site in Ocoee, FL


1650 Maguire Road development site, Ocoee, FL

Matt Cichocki
Maitland, FL – NAI Realvest recently closed the $3,049,391 sale of a 14-acre bank-owned property at 1650 Maguire Road near the Florida Turnpike in Ocoee.  

 NAI Realvest principals, Matt Cichocki and Kevin O’Connor, along with senior associate Jack W. Lynch, negotiated the transaction representing the buyer, Skorman Development Corp.   The seller was Miami-based PNP Parabis VPG Lake Butler, LLC.  

Kevin O'Connor
 Buyer has received approval for the development of a 242-unit garden-style apartment community with a two-acre commercial outparcel on the property.  Permitting of the apartments is already underway and delivery is expected in approximately 18 months.

 For a complete copy of the company’s news release, please contact:

Larry Vershel or Beth Payan, Larry Vershel Communications, 407-461-3780 or 407-644-4142; lvershelco@aol.com   

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