FORT MYERS, FLA., December 28, 2015 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Seminole 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 was secured and represented by Adam Podbelski, Michael Donaldson and Nicholas Meoli.
Seminole Duplex Portfolio is an eight unit duplex portfolio comprised of four, one-story concrete block structures that are contained on one parcel located at 3813 Seminole Avenue in Fort Myers, Florida. The portfolio consists of four duplexes that were built in 1966 and received new roofs in 2014. The offering is comprised of eight, two-bedroom/one-bathroom units with approximately 650 rentable square feet.
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About Marcus & Millichap (NYSE: MMI)
With nearly 1,500 investment 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. Founded in 1971, the firm closed over 7,600 transactions in 2014 with a value of approximately $33.1 billion. The company 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