Marcus & Millichap Arranges Receivership Sale of Student Housing Community in Fort Myers, FL

FORT MYERS, FL – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has brokered the sale of College Club (top left photo), a 144-unit, 504-bed, 218,520-square foot student housing community in Fort Myers.

            Peter Katz (middle right photo)  a senior vice president investments in Marcus & Millichap’s Phoenix office; Dorothy Jackman (middle left photo), a vice president investments; Travis Prince, a senior associate; and Michael Harris, an associate; all in the Tampa office, represented the buyer, Florida Gulf Coast University, and the seller.

“With the university’s explosive enrollment growth, this property will allow the school to provide additional quality housing to their students,” says Jackman.

“College Club features high-end amenities such as a pool, a sand volleyball court, a tanning booth, fitness center and computer lab. The units provide students with their own private bedroom and bathroom and are fully furnished with modern furniture and appliances,” adds Jackman.

The property is located approximately one mile from Florida Gulf Coast University at 17100 College Club Loop in Fort Myers. The Miromar Outlets mall and the Gulf Coast Town Center mall are nearby.

The Campus Club unit mix features 72 three-bedroom/three-bath units and 72 four-bedroom/four-bath units. The average weighted unit size is approximately 1,518 square feet.

Florida Gulf Coast University has an enrollment of more than 11,000 students.

Contact: Stacey Corso, Public Relations Manager, (925) 953-1716