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The Reserve at Coconut Point apartments sell for $71.7 million

Posted by David Dorsey on May 18, 2022
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The Reserve at Coconut Point apartment complex just sold, as the per-unit pricing of apartments in Southwest Florida continues to creep toward $400,000 per unit. The 180-unit complex sold for $71.7 million, which amounts to $398,333 per unit. At 163,800 square feet of rentable area—an average of 910 square feet per unit—that’s $437 per square
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