California investment group buys Cleveland Avenue Holiday Inn

  • By Business Observer Staff
  • | 10:00 a.m. November 28, 2014
  • Charlotte–Lee–Collier
  • Share

BUYER: Jassas Capital LLC (managers: Dr. Sarabjit Mangat, Dr. Ravinder Singh, Dr. Jatinder Pruthi and Sunny Pahl), Encino, Calif.
SELLER: 786 OM Myers LLC
PROPERTY: 2431 Cleveland Ave., Fort Myers
PRICE: $5.15 million
PREVIOUS PRICE: $3 million, April 2011
LAW FIRM ON DEED: The Kuhn Law Firm, Fort Myers

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news
Subscribe

Already subscribed? Sign in.

Latest News

  • April 2, 2026
Sarasota Doctors Hospital names new COO
  • April 2, 2026
Babcock Ranch shopping center gets refinance
  • April 2, 2026
Report: Childhood poverty pockets remain in region amid Florida decline
  • April 2, 2026
Hillsborough to spend $70M on stormwater drainage improvements

Sponsored Content