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2625-2647 North Andrews Avenue
SOLD

Vinod Kulhari & Paul Hassebroek Acquire 73-unit Multifamily In Wilton Manors For $11M

2625-2647 North Andrews Avenue

MultiFamily
52,686 SF
clock iconSold 1 year ago
Greg Matus
Dan Dratch
Ryan Wold
+ 2
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Summary

Sale
FLORIDA
MultiFamily
52,686 sqft

The property involved in this transaction is a multifamily asset located at 2625-2647 N Andrews Ave in Wilton Manors. It consists of 73 units with a total rentable square footage of 52,686. The sale price for this property was $11,000,000, resulting in a price per unit (PPU) of $150,685 and a price per rentable square foot (PPRSF) of $209. The property was sold by Tamuz Real Estate to Vinod Kulhari and Paul Hassebroek. The transaction was facilitated by brokers Dan Dratch, Ryan Wold, Travis Jones, and Greg Matus from Franklin Street_SFL.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $11,000,000
  • Address: 2625-2647 N Andrews Ave
  • Market: Wilton Manors
  • Units: 73
  • Price per Unit (PPU): $150,685
  • Rentable Square Footage (RSF): 52,686
  • Price per Rentable Square Foot (PPRSF): $209
  • Seller: Tamuz Real Estate
  • Buyer: Vinod Kulhari & Paul Hassebroek
  • Brokers: Dan Dratch, Ryan Wold, Travis Jones, and Greg Matus from FranklinStreet_SFL

In this transaction, Vinod Kulhari and Paul Hassebroek purchased the multifamily property located at 2625-2647 N Andrews Ave in Wilton Manors from Tamuz Real Estate. The property features 73 units and a total rentable square footage of 52,686. The sale price was $11,000,000, resulting in a price per unit (PPU) of $150,685 and a price per rentable square foot (PPRSF) of $209. The deal was facilitated by brokers Dan Dratch, Ryan Wold, Travis Jones, and Greg Matus from Franklin Street_SFL.

Players

  • All

    6

  • Agents

    4

  • Agencies

    2

Greg Matus's profile picture
Greg Matus
Franklin Street-image
Senior Vice President
$313.7M Sold
Dan Dratch's profile picture
$143.5M Sold
Ryan Wold's profile picture
Travis Jones's profile picture

Details

Deal Summary
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SOLD
IMAGE: Greg Matus, Travis Jones, Dan Dratch & Ryan Wold DATE: 02/05/2021 ADDRESS: 2625-2647 N Andrews Ave MARKET: Wilton Manors ASSET TYPE: Multifamily BUYER: Vinod Kulhari & Paul Hassebroek SELLER: Tamuz Real Estate BROKERS: Dan Dratch, Ryan Wold, Travis Jones & Greg Matus @FranklinStreet_SFL SALE PRICE: $11,000,000 UNITS: 73 ~ PPU: $150,685 RSF: 52,686 ~ PPRSF: $209 CAP RATE: 5.1%

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Address2625-2647 North Andrews Avenue

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