Downtown Property Investment LLC buys Naples' Sunset Plaza

BUYER: Downtown Property Investment LLC (officers: Zamil Ahammad and Mary Roper), Naples
SELLER: Kingstown Family Trust II LLC
PROPERTY: 10823 Tamiami Trail N., Naples
PRICE: $1.65 million
PREVIOUS PRICE: $1.95 million, March 2007
LAW FIRM ON DEED: Coleman Yovanovich & Koester PA, Naples

PLANS, DESCRIPTION:
A company led by Zamil Ahammad of Naples and Mary Roper of Marco Island purchased the 8,000-square-foot Sunset Plaza for $1.65 million.

The price equated to $206 per square foot. That figure is higher than the two-year average price per square foot for retail space ($144) in Southwest Florida, according to the CoStar Group.