VILLAS AT VENEZIA

Villas at Venezia was acquired in July 2011 from Bank United. The asset comprised 44 vacant condominiums units and vacant land approved for 96 additional condominiums.

Following its purchase, Larkspur leased up the vacant units and constructed a fitness center and garages to provide certain amenities to the residents. The units are located in a densely populated central Ft. Myers location.

LOCATION

Fort Myers, FL

DEAL TYPE

Foreclosure Sale

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