FORT MYERS, Fla. — Continuum Advisors has arranged the sale of Amavida, a newly built, 387-unit, Class A senior living community in Fort Myers.
Opened in December 2018, Amavida offers independent living, assisted living and memory care on a 30-acre site. The 570,000-square-foot campus comprises 28 cottages, 223 independent living apartments, 101 assisted living apartments and 35 memory care apartments, plus a 9,000-square-foot clubhouse.
The sale includes eight acres of fully entitled land ready for a Phase II expansion of approximately 130 additional independent living units.
Continuum served as the exclusive sale-side representation for Quadrum Global. A national investor with a development background acquired the asset for an undisclosed price. The new owner has selected Life Care Services as the operator.
Ranked as the No. 1 retirement community by Fort Myers’ Community’s Choice Awards in 2023, the campus is uniquely situated on an infill site adjacent to the 275-acre Lakes Regional Park.