Published: Jun 30, 2014 11:34 AM EDT
Updated: Jun 30, 2014 12:39 PM EDT

FORT MYERS, Fla.- The long-awaited sale of a closed hotel in Fort Myers may happen this week.

Bob MacFarlane says the two sides are on the verge of closing on the old Ambassador hotel on the Riverfront.

MacFarlane has worked for the past couple of years to buy the property from the owners, a family in Thailand.

MacFarlane wants to convert the hotel to apartments for senior citizens.   

Count on WINK News to keep you posted on the closing.