Saturday, December 26, 2015

Eight-Unit Greenwood Duplex Portfolio in Fort Myers, FL Sold for $286,250 in Deal Brokered by Marcus & Millichap

Adam Podbelski
FORT MYERS, FL – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Greenwood Duplex Portfolio, an eight unit duplex portfolio located in Fort Myers, Florida, according to Richard D. Matricaria, regional manager of the firm’s Tampa office. The asset sold for $286,250.

Adam Podbelski, associate, Michael Donaldson, vice president investments, and Nicholas Meoli, vice president investments, all 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 limited liability company, was secured and represented by the three brokers.. 

Greenwood Duplex Portfolio is an eight unit duplex portfolio comprised of four, one-story concrete block structures that are contained on two parcels and a single lot with an approximate size of 0.16 acres.

The first parcel, located at 4423 Greenwood Avenue in Fort Myers, contains three duplexes that were built in 1979 and received new roofs in 2009; while the second parcel, located at 4435 Greenwood Avenue, contains one duplex that was built in 1991 and also received a new roof in 2009.

 Collectively, the portfolio is comprised of seven, two-bedroom/one-bedroom units with approximately 650 rentable square feet and one three-bedroom/one-bathroom unit with approximately 850 rentable square feet.

For a complete copy of the company’s news release, please contact:
Richard D. Matricaria
Vice President/Regional Manager
Tampa, FL

(813) 387-4700

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