Investment Overview

Marcus & Millichap are pleased to present RAM Andrews Apartments, a 26-unit multifamily property located in Wilton Manors, Florida. SUBJECT PROPERTIES RAM Andrews Apartments were constructed in 1975 of concrete block and painted stucco with a flat concrete roof. The property consists of (1) studio apartment, (1) one-bedroom/one-bathroom apartment, (1) two-bedroom/one-and-a-half-bathroom townhouse, (14) two-bedroom/two-bathroom apartments and (9) two-bedroom/two-bathroom townhome units. The studio and one-bedroom apartment were previously a two-bedroom/two-bathroom apartment and are non-conforming, as is unit 2520-A. The building spans 25,985 rentable square feet and is situated on a 31,239-square-foot lot, according to the Broward County Property Appraiser. Units feature small backyards or private balconies, central air conditioning, electric appliances and individual hot water heaters. *The roof was replaced by current ownership in 2023. LOCATION RAM Andrews Apartments are located at 2520 North Andrews Avenue, south of Oakland Park Boulevard, north of Sunrise Boulevard and east of Interstate 95. Wilton Manors, nicknamed “The Island City,” has evolved from an unassuming railroad stop into a vibrant cultural hub known for its welcoming atmosphere and lively main street. Day and night, residents and visitors mingle along Wilton Drive, enjoying boutique shops, restaurants and nightlife, while outdoor enthusiasts explore Colohatchee Park’s mangroves, play softball at Mickel Park or paddle board on the Middle River. Surrounding area retailers and points of interest include Publix Super Market at Central Shopping Center (0.6 miles), Walgreens Pharmacy (0.6 miles), Tulio’s Tacos & Tequila (0.7 miles), Tee Jay Thai Sushi (0.7 miles), Mill’s Pond Park (0.8 miles), Hagan Park & Tennis Center (0.8 miles), Richardson Historic Park & Nature Preserve (0.9 miles), Rosie’s Bar & Grill (0.9 miles) and Publix Super Market at Five Points Plaza (1.0 miles). Additionally, just a short drive from the property are River Market (2.3 miles), Bal Harbour Square (2.7 miles), Broward Center for the Performing Arts (3.1 miles), Broward County Convention Center (5.6 miles) and Fort Lauderdale–Hollywood International Airport (6.9 miles). Nearby educational facilities include Wilton Manors Elementary School (0.2 miles), Fort Lauderdale High School (1.0 mile) and Sunrise Middle School (2.4 miles). SUMMARY RAM Andrews Apartments is offered for sale at $6,720,000 or $259 per square foot.