Pebble Court acquisition
Pebble Court Apartments is a 20 unit, multifamily project centrally located within minutes of The Edison Mall, Lee County Hospital, Downtown Ft. Myers, and routes 41 and I-75. The complex was owned by a retired couple, and is only 60% occupied, creating a true value added opportunity. The complex and units are in very good condition with very little or no deferred maintenance.
All units are 1 bedroom, 1 bath, with screened Lanais, and approximately 675-700 square feet of living space.