The property involved in the transaction is a multifamily asset consisting of 20 units, located at 922 Courtington Lane, Fort Myers, Florida. It encompasses a total square footage of 7,680 and was sold for $1,325,000, resulting in a price per unit of $66,250 and a price per square foot of $172.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,325,000
• Units: 20
• Square Feet: 7,680
• Price Per Unit: $66,250
• Price Per Square Foot: $172
• Buyer: Philip Miller
• Seller: John Metzler
• Brokers: Daniel J. Cunningham, River Rhoads, Dillon Majeski, Cory Sanchez & Evan Richardson - Marcus & Millichap
• Date of Sale: 12/17/2025
• Market: Fort Myers

The Cunningham-Richardson Group of Marcus & Millichap successfully facilitated the closing of Flats at Courtington, which produced significant market interest and went under contract in just 25 days, attracting five competing offers. The buyer, an all-cash investor from South Florida, received a favorable negotiation on pricing and terms, ensuring a smooth transactional process and maximizing value for both the buyer and seller.