FORT MYERS, Fla. – Continental Properties, a national developer and operator of rental communities, retail, and hospitality properties, is excited to announce the acquisition of The Centro, a Class A four-story mid-rise apartment community in South Fort Myers, Florida. Originally developed by Geis Development and opened in 2023, The Centro comprises 264 luxury apartments and is situated on 14.15 acres. The acquisition was funded by Continental Properties Real Estate Opportunities Fund I, L.P., the company’s eighth real estate fund.
“We’re excited to expand our presence in Fort Myers with the acquisition of The Centro,” said Dan Sell, Vice President of Acquisitions at Continental Properties. “As the third acquisition and fourth investment for our Opportunities Fund, this property exemplifies our commitment to investing in high-quality, strategically located communities that offer long-term growth potential. The Centro follows our recent acquisitions of Sixteen30 in Plainfield, Illinois, and Forge at Briargate in Colorado Springs, Colorado, further strengthening our national portfolio.”
The Centro offers a mix of studio, one-, two-, and three-bedroom residences featuring modern, open-concept layouts with upscale finishes. Each apartment includes gourmet kitchens with quartz countertops, stainless steel appliances, designer tile backsplashes, and soft-close cabinetry with gold hardware. Spa-inspired bathrooms, spacious walk-in closets, in-home washers and dryers, and screened-in patios or balconies further enhance the living experience.
Residents enjoy an unparalleled array of resort-style amenities designed for relaxation and recreation. The two-story fitness center features a sauna, a yoga room, and a children’s playroom. The clubhouse includes a community movie theater and social lounge, while the outdoor spaces offer a heated resort-style pool with a sun shelf, poolside cabanas, and an expansive sundeck. Additional amenities include a putting green, bocce ball and shuffleboard courts, beach volleyball, a giant chess set, ping pong, a dog park with an outdoor pet wash station, and a community garden.
As both owner and operator, Continental Properties brings its Above & Beyond Resident Services and industry-leading Resident Pledge, ensuring residents receive exceptional customer service and timely maintenance from a dedicated onsite team.
“We are thrilled to add The Centro to our portfolio,” said Heather Riggs, Senior Vice President of Multifamily Operations at Continental Properties. “This acquisition aligns with our commitment to providing exceptional living spaces in vibrant communities. The Centro’s combination of luxurious amenities, modern design, and prime location offers an outstanding living experience for residents.”
Strategically located with easy access to Interstate 75, Alico Road, Ben Hill Griffin Parkway, and U.S. Highway 41, The Centro provides seamless connectivity to major shopping destinations, including Gulf Coast Town Center, just one mile away, and Miromar Outlets, five miles away.
For more information about The Centro, visit our website.
About Continental Properties
Continental Properties is a national developer and operator of rental home communities, retail, and hospitality properties. Since its inception in 1979, Continental Properties has developed 133 apartment communities encompassing more than 35,000 apartment homes in 20 states.
Topics: Investor Relations, Acquisitions
