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March 18, 2020  

Builder Shows New South Fla. Rentals

A new garden-apartment complex is up for grabs in Florida.The 304-unit Inspira, in Naples, could attract bids north of $90 million, or about $300,000/unit. Local firm Stock Development has given the listing to Cushman & Wakefield.Completed last year, the luxury property is still in its initial leasing phase and is 89% occupied. The average unit encompasses 1,059 square feet and rents for $1,813, or $1.71/sf. The apartments have 1-3 bedrooms and...

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