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LandQwest reports sale of 24 acres in Cape Coral

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TEG Acquisitions LLC has purchased 24 acres at 2029 N.E. 18th Terrace in Cape Coral, from CC Properties Investors II LLC for $4.995 million Bob O’Connor and Michael Price, ALC of LandQwest Commercial were the transaction agents.

“The property is zoned RML (residential multifamily low), which allows for 16 units per acre,” said O’Connor. “This is the second parcel from the same Seller to close this month, with the first selling for $4,200,000 on June 1st.”

LandQwest is a nationally recognized, privately-held commercial real estate brokerage organization that provides business partners with property management, tenant representation, leasing, sales, investments, and consulting services to uniquely shape commercial landscapes in the communities we serve.

For additional information about the company, please visit LQWEST.com.