Omid Esmailzadegan & Arash Esmailzadegan Acquire Multifamily Asset In Wilton Manors For $6.4M
2520 North Andrews Avenue
$6,400,000
$213/SF
Building Size
29,996 SF
Asset Type
MultiFamily
Closing
Dec 30, 2025
AI
The multifamily property located at 2520 North Andrews Avenue in Wilton Manors was sold for $6,400,000. The asset consists of 25 units, covering a total square footage of 29,996, which results in a price per unit of $256,000 and a price per square foot of $213.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,400,000
- Units: 25
- Square Footage: 29,996
- Price Per Unit: $256,000
- Price Per Square Foot: $213
- Buyer: Omid Esmailzadegan & Arash Esmailzadegan
- Seller: German Andres Guzman
- Seller's Representative: Joseph Thomas & Ethan Krauss - Marcus & Millichap
The transaction involved Omid Esmailzadegan and Arash Esmailzadegan as buyers, while German Andres Guzman acted as the seller. The deal was represented by Joseph Thomas and Ethan Krauss from Marcus & Millichap, highlighting their role in facilitating this transaction.
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
2.48%
Cash-on-Cash
-0.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93