Updated Oct 28, 2024
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
About this deal
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
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