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In Southwest Florida, Apartment Deal Approaches Record

Buyer Likes Fort Myers Despite Area's High Vacancy Rate, Lackluster Rent Growth
The Retreat at Vista Lake in Fort Myers, Florida, opened in 1991. (CoStar)
The Retreat at Vista Lake in Fort Myers, Florida, opened in 1991. (CoStar)
By John Doherty
CoStar News
February 20, 2020 | 10:15 P.M.

(Corrected Feb. 25 to clarify the Retreat at Vista Lake sale is the second-largest sale in the Fort Myers market, while the Carlton Arms of Bradenton sale falls within the Top 10 single-asset multifamily transactions in the greater Gulf Coast region of Florida in the past five years.)

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