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144 Parnassus Avenue, San Francisco, CA

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144 Parnassus Avenue

San Francisco, CA 94117-4203 - Cole Valley MF Submarket

Property Type:Multi-Family Number of Units:18 Status:Existing Year Built:1925
Stories:3 Building Size:11,429 SF Land Area:.11 AC (4,983 SF)
For Sale Price:$7,200,000 Price/Unit:$400,000.00 Cap Rate:3.90 % GRM:16.25

Parking:.69 Parking Spaces / 1,000 SF

Sale Notes:
Tues., Sept 27th 12:00 - 1:30
Thurs. Sept 29th 12:00 - 1:30
Tues., Oct. 4th 12:30 - 2:00

Colliers International is pleased to present 144 Parnassus Ave, San Francisco, CA for purchase. This extremely well maintained asset is located on the corner of Shrader Street in Cole Valley/Parnassus Heights. Approximately 11 units have undergone near condo quality upgrades. Unit mix consists of 12 studios, 6 one bedroom/one bath apartments (an additional unwarranted one bedroom unit) & 8 car parking.

There is convenient public transportation options, bike lanes and easy freeway access. This is a unique opportunity for investors to acquire a multifamily asset with substantial income upside potential in a fantastic location.

Colliers International
Ryan P Wagner
(415) 788-3100

Bradley Lagomarsino
(415) 786-5246

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