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CGGC Alico LLC sold Centro Apartments to Continental 919 Fund

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CGGC Alico LLCGeis Companies manager, sold the property(The Centro Apartments) located at 16909 Vintage Commerce Boulevard, Fort Myers, FL 33912, for $54,760,000.00 to CONTINENTAL 919 FUND LLC on FEBRUARY 19, 2025. 

The Deed from CGCG Alico LLC was executed by Conrad L Geis, as its Manager.

The Deed(included in the post) was prepared by Maura Maresh, Esq Geis Companies

Located at: 10020 Aurora Hudson Road, Streetsboro, Ohio 44241

Lee County, FL Official Records:

Instrument #2025000047800 

Information from the Lee County Property Appraiser Website: Attributes and Location Details
Total Bedrooms / Bathrooms / Fixtures 348 / 388.0 / 8
Gross Building Area Gross Building Area Information 259,800
1st Year Building on Tax Roll 1st year on the tax roll information 2023


Image of Centro

The Centro located at:

16909 Vintage Commerce Blvd, Fort Myers, FL 33912

Description of the apartments and area from the Centro website:

At The Centro, resort-style living meets modern luxury. Ideally located at the premier intersection of Alico and I-75, our studio, one, two, and three-bedroom apartments put you moments from Fort Myers’ best dining, shopping, and entertainment. But you may not want to wander far knowing resort-style amenities are right outside your door, including a heated pool with cabanas, a two-story fitness center, a vibrant courtyard with outdoor games, and a dog park with pet wash stations. Inside your apartment, chef-inspired kitchens and spa-like bathrooms create the perfect blend of comfort and style. The Centro is more than a home—it’s where everyday life becomes extraordinary.

Studio units: 572 SF start at $1,735

1 Bedroom Units: 749 SF start at $1,888

Two Bedroom Units:1,022 SF start at $2,175

Three bedroom units: 1,391 SF start at $2,920

(The SF and Pricing is from the Centro Apartments Website as of February 22, 2025.) Contact Number for The Centro: 239-421-5312

Link to the Centro website: https://www.springsapartments.com/apartments/fl/fort-myers/the-centro/floor-plans#k=79668

 

 

The apartments are managed by: Continental Properties, an award-winning corporate leader and developer of apartment communities nationwide.

Continental Properties Inc. Address: 2240 Palm Beach Lakes Blvd Suite 400, West Palm Beach, FL 33409
Phone: (561) 689-4766 Contact Number for The Centro: 239-421-5312

Link to the Centro website: https://www.springsapartments.com/apartments/fl/fort-myers/the-centro/floor-plans#k=79668

 

The mortgage in the amount of $45,650,000.00 was provided by New York Life Insurance Company, a New York mutual insurance company, to the CONTINENTAL 919 FUND LLC, a Delaware LLC managed by Daniel J. Minahan (Attorney by EM) as its President, based in Wisconsin.

Address of the Mortgaged property: 16909 Vintage Commerce Boulevard, Fort Myers, FL 33912

Lee County, FL Parcel Identification: 03-46-L4-0700A.0000

Lee County, FL Official Records: 

Instrument Number: 2025000047801

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