Recent Sale Highlights: The Centro Residential Property
Introducing The Centro: A Premier Multifamily Property
JBM Institutional Multifamily Advisors has successfully brokered the sale of The Centro, a remarkable Class A+ residential property. This newly constructed asset comprises 264 units and spans over 14 acres. Continental Properties acquired the property from Geis Companies, a well-respected developer known for completing an impressive portfolio of over 1,700 projects across the country. This transaction reflects JBM’s commitment to excellence, having collaborated with Continental on transactions totaling over $316 million.
Amenities That Redefine Living Standards
The Centro stands out with its exceptional set of amenities that cater to a luxurious lifestyle. The property features comfortable air-conditioned interior corridors and offers residents a lavish amenity package. Among its highlights is a heated, resort-style pool accompanied by sun shelves, poolside cabanas, and an expansive sundeck ideal for relaxation. Additionally, there are grilling stations, package lockers, and even a movie theater room to enhance the living experience. Furthermore, residents can enjoy sustainable features such as EV chargers and outdoor pet wash stations, making it environmentally friendly.
The vast courtyard is designed for recreational activities. It includes fun spaces for beach volleyball, cornhole, a putting green, bocce ball, shuffleboard, giant chess, and ping pong. A dedicated dog park and community garden provide perfect spots for pet lovers and gardening enthusiasts. For fitness aficionados, the two-story state-of-the-art fitness center is well-equipped with Peloton bikes, an infrared sauna, and a children’s playroom along with a specialized yoga studio.
Diverse Living Spaces: Units for Every Lifestyle
The Centro offers a broad selection of unit types, ranging from studios to one, two, and three-bedroom apartments. Each unit showcases modern interiors characterized by open-concept floor plans. The kitchens are chef-inspired and feature beautiful quartz countertops, a complete stainless steel appliance package, and stylish designer tile backsplashes. Other luxurious touches include single-basin undermount sinks, soft-close cabinets with elegant gold hardware, and top-of-the-line front control ranges.
The bathrooms in this multifamily property are spa-inspired, complete with cultured marble vanity tops, double sink vanities, and glass walk-in showers in select units. Residents will also appreciate the upscale wood finish flooring that extends throughout the units and the generosity of large walk-in closets.
Strategic Location with Excellent Connectivity
Strategically located on Interstate-75, The Centro boasts impressive visibility and provides easy access to major highways such as Alico Road, Ben Hill Griffin Parkway, and U.S. Highway 41. This prime location allows residents to enjoy close proximity to notable shopping centers and retail options, including The Gulf Coast Town Center just a mile away and The Miromar Outlets about five miles away. As Three Oaks Parkway undergoes a substantial expansion to connect with Daniels Parkway, connectivity throughout the area is poised for dramatic improvement.
The JBM Advantage in the Market
As a significant player in the multifamily real estate sector, JBM has secured an impressive market share exceeding 70% in Southwest Florida. Their commitment to excellence has positioned them as the #1 boutique brokerage firm in the U.S.A. Consistently ranking at the top for the highest average sold price per transaction in Green Street's annual rankings, JBM is a trusted name in real estate with a remarkable lifetime transaction volume exceeding $20 billion and managing over 172,000 units.
For those interested in exploring available properties under JBM's management, they offer a comprehensive list that caters to varying needs and preferences. JBM continues to be the go-to resource for clients looking for high-quality residential investment opportunities.
Frequently Asked Questions
What is The Centro?
The Centro is a Class A+ multifamily residential property featuring 264 units and a variety of upscale amenities.
Who developed The Centro?
The Centro was developed by Geis Companies, a recognized leader in multifamily property development.
What amenities does The Centro offer?
The Centro offers resort-style pools, an extensive fitness center, outdoor activities, and more to enhance resident living experiences.
What types of units are available at The Centro?
The Centro includes diverse unit options ranging from studios to two and three-bedroom apartments.
What is JBM's market position?
JBM holds a market share of over 70% in Southwest Florida and is the leading boutique brokerage firm in the USA.
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