High Point (76 units) was sold for 13 million after sitting for years in downtown Ft Myers, is this a sign everyone is looking for? Many believe the economy and housing market is still going down, but for the past year I have seen the market on fire and property selling that is priced right. It is about time someone jumped in and took advantage of this market and fire back up the downtown revitalization project again. The units sold for appr 171k a piece, a steal for condo that has top notch amenities and stunning views. I applaud Real Capital Solutions for jumping in and buying this building and wish them the best of luck. Go try and find this on the other coast, you will be paying 300-400k for similar units. To read the full article follow the link below.
Remember if you are ready to make the plunge, call an expert in SW Florida. Scott Riddle
239-289-1849, for all of your real estate needs.
http://www.news-press.com/article/20100703/RE/100702085/1085/NEWS0110/Mogul-invests-in-Fort-Myers-projects
Remember if you are ready to make the plunge, call an expert in SW Florida. Scott Riddle
239-289-1849, for all of your real estate needs.
http://www.news-press.com/article/20100703/RE/100702085/1085/NEWS0110/Mogul-invests-in-Fort-Myers-projects
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