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Roers Naples Apartments I LLC purchased 5.84 acres of land at 3333 and 3375 Vanderbilt Beach Road from 3333/3375 VBR LLC for $7.65 million. David J. Stevens of Investment Properties Corp. represented the buyer and seller. A 150-unit apartment complex developed by Minnesota-based Roers Co., with nearly half reserved for income-restricted affordable housing, is planned for the site that once housed Bobbin Hollow Equestrian Center and Naples Safari Animal Hospital & Pet Resort. In October, Collier County Board of County Commissioners voted to rezone the agricultural property on the north side of Vanderbilt Beach Road and to amend the growth-management plan to create a new subdistrict, Mattson at Vanderbilt Residential Subdistrict. The approval increased development from 59 to 150 units, with 72 income-restricted.

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