Private Capital for Multifamily Vertical Construction in Fort Myers

33 Unit Apartment Building Rendering

Project Description

The three-story, 33-unit multifamily property features one-bedroom/one-bathroom apartment homes that each contain 662 square feet. Each unit will feature air conditioning, an appliance package including a full-sized washer/dryer, tile floors, and typical grade finishes. Additionally, the site will include 43 surface parking spaces, landscaping, and sidewalks.

Property Type: Multifamily

LTC: 64.79% of ARV

LTC: 74.10%

 

Neighborhood:

This Breezewood neighborhood development is minutes from downtown Fort Myers and the well-known Fort Myers Midtown project, which will feature a 243-acre  mixed-used town center once completed. The neighborhood is bounded by the Caloosahatchee River to the north, I-75 to the east, Colonial Blvd to the south, and Caloosahatchee River to the west. 

In addition to being on the Lee Tran Bus Route, this project is less than 15 minutes from I-75, 0.4 miles to one of Fort Myers’ leading local hospitals, LeeHealth, and a block from the main artery thoroughfare Fowler, which leads directly to downtown. Within an 11 mile proximity, residents will have access to the IMAG History & Science Center, Edison and Ford Winter Estates, and Calusa Nature Center & Planetarium.

Lee County, Florida, is described as a coastal community, where tourism is a major economic driver, and the population continues to grow. Major attractions/destinations include coastal beaches, golf, boating, fishing, shopping, museums, theaters, and other area attractions. 

Fort Myers is a vibrant city located on the Caloosahatchee River, about 12 miles upriver from the Gulf of Mexico. The city’s location gives a unique waterfront feel with amenities for full-time residents, part-timers, and vacationers. 

Contact Jacob Wigle today to get started on your next multifamily investment project.

Loan Details

Broadmark logo

Fort Myers, FL

Broadmark logo

June 2021

Broadmark logo

$3.11M

Contact Information

Jacob Wigle

Jacob Wigle, Northern & Central Florida

Ryan Good

Ryan Good, Southern Florida

Jordan Siao

Jordan Siao, Eastern Region

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