December, 2020 Mesa Capital Partners announces the sale The Edison along with JV Partner LIV Development of Birmingham, AL for $71,940,000 to DRA Advisors LLC of New York City.
Located in Ft. Meyers, Florida the community has 327 units comprised of 1,2 and 3 bedroom floorplans ranging from 755 and 1300 square feet. Amenities include resort style pool, outdoor entertainment, private work space, bike share and a 24 hour market.
The project represents the 11th transaction with Developer and JV partner LIV Developments.
Sale Date: 11/24/2020
Sale Price: $71,940,000
Developer/JV Partner: LIV Development, Birmingham, AL
Buyer: DRA Advisors, LLC out of NYC
Website of property: https://www.theeapts.com/