CAMELOT WEST APARTMENTS...Granite Countertops and Modern Bathroom Vanities & Light Fixtures ......
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2625-2647 N Andrews Ave, Wilton Manors, FL 33311 73 Units | Multifamily Property | Wilton Manors CAMELOT WEST APARTMENTS OFFERING FLYER Sale Price: $11,750,000 Price / Unit: $160,959 Price / SF: $223.02 Number of Units: 73 Cap Rate: 4.96% NOI: $582,775 Pro Form Cap Rate: 6.54% Pro Forma NOI: $769,036 Year Built: 1966 Lot Size: 2.34 Acres THE OFFERING INVESTMENT HIGHLIGHTS • 100% Occupied, Turn-Key Asset With Ability to Raise Rents $100 Per Unit In Their Current Condition • Superior Debt Lined Up Between 3.5%-3.75% with a Cash On Cash Return Of 8.91% Day One • Property Recently Underwent Over $2,000,000 in Capital Improvements • 86% of the Units Have Been Renovated to Premium Standards with New Tile Floors, New Kitchen Cabinets, Granite Countertops and Modern Bathroom Vanities & Light Fixtures • Exterior Capital Improvements Include New A/C Systems, Updated Laundry Room, Sprinkler System, Pool Resurfacing, Professional Video Security System, Parking Re-surfacing & Landscaping • Amenities Include Sparkling Pool, On-site Laundry Facility, On-site Leasing Office, Central A/C & Ample Parking CONTACT US DAN DRATCH (LEAD) RYAN WOLD AJ STANFORD TRAVIS JONES GREG MATUS Senior Associate Senior Associate Senior Associate Senior Associate SVP, Investment Sales 954.312.1677 954.312.1678 954.660.9813 954.312.1676 954.671.1821 [email protected] [email protected] [email protected] [email protected] [email protected]
Transcript of CAMELOT WEST APARTMENTS...Granite Countertops and Modern Bathroom Vanities & Light Fixtures ......
2625-2647 N Andrews Ave, Wilton Manors, FL 3331173 Units | Multifamily Property | Wilton ManorsCAMELOT WEST APARTMENTS
O F F E R I N G F L Y E R
Sale Price: $11,750,000Price / Unit: $160,959Price / SF: $223.02Number of Units: 73Cap Rate: 4.96%NOI: $582,775Pro Form Cap Rate: 6.54%Pro Forma NOI: $769,036Year Built: 1966Lot Size: 2.34 Acres
THE OFFERING INVESTMENT HIGHLIGHTS
• 100% Occupied, Turn-Key Asset With Ability to Raise Rents $100 Per Unit In Their Current Condition
• Superior Debt Lined Up Between 3.5%-3.75% with a Cash On Cash Return Of 8.91% Day One
• Property Recently Underwent Over $2,000,000 in Capital Improvements
• 86% of the Units Have Been Renovated to Premium Standards with New Tile Floors, New Kitchen Cabinets,Granite Countertops and Modern Bathroom Vanities & Light Fixtures
• Exterior Capital Improvements Include New A/C Systems, Updated Laundry Room, Sprinkler System, PoolResurfacing, Professional Video Security System, Parking Re-surfacing & Landscaping
• Amenities Include Sparkling Pool, On-site Laundry Facility, On-site Leasing Office, Central A/C & AmpleParking
• Blocks Away From the Popular Wilton Drive and Downtown Wilton Manors & Minutes from Downtown FortLauderdale and Fort Lauderdale Beach
• Easy Access to Oakland Park Blvd, Wilton Dr, US1, A1A & I-95
CONTACT USDAN DRATCH (LEAD) RYAN WOLD AJ STANFORD TRAVIS JONES GREG MATUSSenior Associate Senior Associate Senior Associate Senior Associate SVP, Investment Sales954.312.1677 954.312.1678 954.660.9813 954.312.1676 [email protected] [email protected] [email protected] [email protected] [email protected]
1 Burgers & Beers
2 What the Pho
3 Wolsen Caffe
4 Ethos Greek Bistro
5 Tropics Grille
6 Siam Cuisine
7 Wilton Manors Police Department
8 Wilton Manors City Hall
9 Wilton Manors Recreational Center
10 Matty’s Wilton Park
11 Infinity Lounge, Inc.
12 Java Boys
13 We Florida Financial
14 Tee Jay Thai Sushi
15 Georgie’s Alibi Monkey Bar
16 Khali Coffe Shop
17 To the Moon
18 New York Grilled Cheese
19 Sushi Song - Gaysha
20 The Pub Wilton Manors
21 Gym Sportsbar Wilton Manors
22 The Manor Complex
23 Thai me up
24 Rosie’s BGar & Grill
25 Sozo Shushi Bar
26 Dolce Salato Pizza & Gelato
27 Rumors Bar & Grill
28 Le Patio
29 Bona - Italian Restaurant & Pizza
30 Gym Sportsbar Wilton Manors
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WILTON MANORSELEMENTARY SCHOOL
LAUDERDALE MANORSELEMENTARY PRESCHOOL
MILLS POND PARK
N ANDREWS AVE28,000 AADT
WILTON DR
E OAKLAND PARKBLVD 40,000 AADT
FORT LAUDERDALEHIGH SCHOOL
CORAL RIDGE MALL
SUBJECT SITE
CAMELOT WEST APARTMENTS 2
WILTON MANORS & SURROUNDING RETAIL 2625-2647 N Andrews Ave, Wilton Manors, FL 33311
DAN DRATCH (LEAD) RYAN WOLD AJ STANFORD TRAVIS JONES GREG MATUSSenior Associate Senior Associate Senior Associate Senior Associate SVP, Investment Sales954.312.1677 954.312.1678 954.660.9813 954.312.1676 [email protected] [email protected] [email protected] [email protected] [email protected]
CAMELOT WEST APARTMENTSCOLLABORATIVE REAL ESTATE SERVICESCONTACT A TEAM MEMBER FOR MORE INFORMATION
