Cape Coral Vacant Lot Purchase

Brookwood Financial Partners of Salem, MA acquired 279 vacant lots in the planned Northeast Cape Coral gated community of Bella Vida. The sale included 116 town-home lots and 163 single-family lots. With a total acquisition price of $4,890,250, the per lot average price is $17,527.

Bella Vida was developed by D.R Horton. Other D.R. Horton communities in the area include Catalina Isles in Fort Myers and Valencia Golf and Country Club in Naples. Brookwood has a track record of buying other unfinished subdivsion vacant lots from D.R Horton. Brookwood’s portfolio in Southwest Florida includes holdings in Lehigh Acres, Port Charlotte and Punta Gorda.

Commerical property purchases, leases [News-Press]