1200 Treat Ave - Apartments FOR SALE


San Francisco, CA 94110- Mission
$4,698,000 USD
402-413-8527
1200 Treat Ave, San Francisco, CA for Sale
$4,698,000 USD
Apartments - FOR SALE
1/5
null | 6.28% Cap Rate

1200 Treat Ave
San Francisco, CA 94110
Mission


HIGHLIGHTS

  • Prime location for renters - Close enough to Downtown without the notorious traffic congestion
  • $1.1M+ spent on renovation in the last several years
  • 41% upside in market rent increases
  • High-growth neighborhood - One of the fastest-rising areas in San Francisco
  • Steps from the bustling Mission District, featuring some of the hottest restaurants and galleries in the city

OVERVIEW

Touchstone Commercial Partners is pleased to present a 12-unit building in Edwardian architecture in the Mission District, one of the fastest-rising areas in San Francisco. This is a prime location for renters. The property is centrally located with nearby access to I-280 and 101 Freeways, close enough to downtown San Francisco, and has a top-notch Walking Score of 99. The BART station is just a 6-minute walk from the property. The building is meticulously renovated with over $1.1 Million spent on renovation over the last several years, including 3 added 2 BR / 1 BA units. The units and foyer have beautiful stained glass windows. Investors will also enjoy the potential 50%+ upside in market rent increases, yielding a pro-forma cap rate of 9.84%. The property is near the Epicenter of Cultural Delights featuring some of the hottest restaurants and galleries in the city. This high-growth neighborhood has a population of 73,103 within 1 mile, 525,740+ within 3 miles. This is an enduring asset with extraordinary demand in a reasonably priced rental neighborhood.

FOR SALE DETAILS

PRICE

$4,698,000 USD

PRICE/SF

$489 USD /SF

# OF UNITS

12

PRICE/UNIT

$391,500

CAP RATE

6.28%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

12-Unit Edwardian Mission District

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

RH-2, San Francisco

APN/PARCEL ID

6524-001

ASK ABOUT THIS PROPERTY

Andrew VuTouchstone Commercial Partners, Inc.More Info
402-413-8527

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Andrew VuTouchstone Commercial Partners, Inc.More Info
402-413-8527

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.