Ft. Myers/Naples Market Summary

Our research team just completed another market summary, this time for the Ft. Myers/Naples submarket. The research was conducted by phone and information was provided via Ft. Myers/Naples communities on-site staff between the dates of 5/14/08 - 5/16/08. A few results have been highlighted and are below:

*Average occupancy for the area is 85%
*Average rent rates are between $862-$945
*The most popular concession by far is 1-2 months free rent
*89% of the communities contacted in this submarket are offering concessions

Ft. Myers/Naples, as any cartographer will tell you, is not in the Tampa Bay area. However, our curiosity was overwhelming and we had to know what was going on down there. The market is concessions heavy with a lot of 1-2 months of free rent being offered. Traffic was reported as very slow, however many communities reported that traffic was increasing.

If you should have any questions or if you would like the report in full, please e-mail aftampa@apartmentfinder.com or call us at 813-864-0275.