Franklin Street has arranged the $11 million sale of Camelot West Apartments, a multifamily property in the Wilton Manors submarket of Fort Lauderdale.
Located at 2625-2674 N. Andrews Ave., the property is nearby the popular Wilton Drive and Downtown Wilton Manors as well as downtown Fort Lauderdale and Fort Lauderdale Beach. The property was 96% occupied at the time of sale.
Dan Dratch, Ryan Wold, Greg Matus, and Travis Jones of Franklin Street represented the seller, South Florida-based Tamuz Real Estate, in the transaction. The buyer was Wilton Pointe Apartments LLC, a local private investor. The buyer plans to continue the beautification of the asset and capitalizing on its position within one of the strongest rental markets in South Florida.
David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles.
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