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| 16-unit Cape Coral Apartments, 827 SE 46th Lane, Cape Coral, FL |
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| Adam Podbelski |
CAPE CORAL, FL – Marcus
& Millichap (NYSE: MMI), a leading commercial real estate
investment services firm with offices throughout the United States and Canada,
has announced the sale of Cape Coral Apartments, a 16-unit apartment
property located in Cape Coral, FL, according to Grant Fitzgerald, sales
manager of the firm’s Tampa office. The asset sold for $1,437,500.
Adam Podbelski, Ned Roberts, CCIM and Jason Hague, investment specialists in
Marcus & Millichap’s Tampa office, had the exclusive listing to market the
property on behalf of the seller, a limited liability company.
The buyer, a private investor, was
also secured and represented by the
three brokers.
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| Ned Roberts |
“The strength of our marketing campaign allowed us to generate nine offers
and close with a very well qualified, California-based buyer,” says Podbelski.
“Overall, this was very much a win-win for both parties.”
Cape Coral Apartments is located at 827 SE 46th Lane in Cape Coral,
Fla. The community is three blocks north of
Cape Coral Parkway and within walking distance of the Central Shopping
District.
This lushly-landscaped
property has direct frontage to a gulf-access waterfront canal, offering a
unique resort-style environment for residents.
About Marcus &
Millichap (NYSE: MMI)
With nearly 2000 investment
sales and financing professionals located throughout the United States and
Canada, Marcus & Millichap is a leading specialist in commercial real
estate investment sales, financing, research and advisory services.
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| Jason Hague |
Founded in 1971, the firm closed 9,472 transactions in
2018 with a value of approximately $46.4 billion.
Marcus & Millichap has perfected a powerful system
for marketing properties that combines investment specialization, local market
expertise, the industry’s most comprehensive research, state-of-the-art
technology, and relationships with the largest pool of qualified investors.
To learn more, please visit: www.MarcusMillichap.com.
CONTACTS:
Grant Fitzgerald
Sales Manager, Tampa
(813) 387-4700
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Whitney Davis
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Marketing
Coordinator
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