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2727 N Andrews Ave, Wilton ...

2701 North Andrews Property Owner, LLC Sells Multifamily Property In Wilton Manors For $30.66M
SOLDMultiFamily

2701 North Andrews Property Owner, LLC Sells Multifamily Property In Wilton Manors For $30.66M

2727 N Andrews Ave, Wilton Manors, FL, USA

$30,660,000

$250/SF

Building Size

122,319 SF

Asset Type

MultiFamily

Closing

Aug 27, 2021

AI

Located at 2727 N Andrews Ave in Wilton Manors, this multifamily property was recently sold in a closed transaction. The seller, 2701 North Andrews Property Owner, LLC, represented by Mr. Camilo Padilla, sold the property. The sale was facilitated by broker Deme Mekras from MSP Group LLC. The sale price for this property was $30,660,000.

Summary of Transaction Details

  • Property Type: Multifamily
  • Sale Price: $30,660,000
  • Address: 2727 N Andrews Ave, Wilton Manors
  • Market: Wilton Manors
  • Units: 163
  • Price Per Unit: $188,098
  • Square Footage: 122,319
  • Price Per Square Foot: $251

If you are looking to buy or sell multifamily properties in South Florida, you can contact Deme Mekras at [email protected] or (786) 671-0149. You can also visit the MSP Group website at http://www.mspgroup.com.

Players

Deme Mekras

MSP Group

Broker

$270.5M

vol

32 deals

Broker

Wilton Manors MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.52%

Cash-on-Cash

-0.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93