Pittman Group buys Amtel building to create Campo Felice


  • By
  • | 10:00 a.m. February 13, 2015
  • | 0 Free Articles Remaining!
  • Charlotte–Lee–Collier
  • Share

BUYER: The MacFarlane Group LLC (managers: Metivier LLC and O&T Fort Myers LLC), Fort Myers
SELLER: Amtel Group of Florida Inc.
PROPERTY: 2500 Edwards Drive and 2401 Bay St., Fort Myers
PRICE: $12.58 million
PREVIOUS PRICE: $6.7 million, April 1993 and $460,000, October 1994
LAW FIRM ON DEED: Buchanan Ingersoll & Rooney PC, Fort Myers

PLANS, DESCRIPTION:
The Pittman Group purchased the real estate of the closed 417-room Amtel hotel building in downtown Fort Myers for $12.58 million.

The price equated to $30,156 per room.

 

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

Latest News

Sponsored Content