Courtyard Fort Myers at I-75

Location: Fort Myers, FL
Type: Hospitality / Limited Service
Price: $21,325,000

SMC has provided a $21,325,000 five-year fixed rate loan for the acquisition of Courtyard Fort Myers at I-75. The property has four stories and a total of 134 rooms. Built in 2007, the hotel offers a computer workstation, a fitness center, an outdoor swimming pool, dry cleaning service, complimentary high speed wireless internet, a convenience store, and a meeting space with 1,924 SF. The hotel is located adjacent to the Gulf Coast Town Center, an open-air shopping mall with over 100 stores. Within 12 months of closing, the hotel will undergo a brand-mandated PIP renovating the property.