Corsica Rive 2741-2747 First St 24 Unit Apartment Building $5,650,000 ($235,417/Unit) 5.27% Cap Rate Fort Myers, FL 33916

Horvath & Tremblay is pleased to present the exclusive opportunity to acquire Corsica Rive, a 24- unit mixed-use asset in Fort Myers, Florida (the “Property”). Corsica Rive is a class “A” mixed-use trophy asset in the heart of downtown Fort Myers; the building’s shell was constructed in 2008, and the interiors were completed in 2015. Positioned at the entrance to the St Tropez, Riviera, and Beau Rivage Condominiums, Corsica Rive is comprised of two (2), three-story buildings (each on their own tax parcel) and contains twenty-four (24) units consisting of fourteen (14), 2-Bedroom/2.5-Bathroom units, two (2), 2-Bedroom/2-Bathroom units, six (6) 1-Bedroom/1- Bathroom units, and two (2) retail bays. Located at 2741 & 2747 First Street in Fort Myers’ blue-chip East First Street neighborhood, the Property is located along the banks of the Caloosahatchee River and is a short walk from the Downtown Commercial District. The Property is positioned along First Street/Palm Beach Boulevard (FL Route 80), the area’s primary commercial corridor offering a wide array of shopping, dining, grocers, public parks, and entertainment options. Fort Myers is positioned along the banks of the Caloosahatchee River and offers convenient access to the Gulf of Mexico, Estero Bay and the Estero Bay Preserve State Park and San Carlos Bay and Bunche Beach Preserve which are home to a variety of outdoor recreational activities. Fort Myers’ downtown features a plethora of employment, shopping, and entertainment opportunities. Fort Myers is home to miles of pristine beaches and the surrounding area is continually ranked among the top travel destinations in the United States, funneling tourism dollars into the local economy.