216-220 Linden Ave - Apartments FOR SALE


South San Francisco, CA 94080- Downtown South San Francisco
$6,995,001 USD
415-225-5176
216-220 Linden Ave, South San Francisco, CA for Sale
$6,995,001 USD
Apartments - FOR SALE
1/10
null | 8.23% Cap Rate

216-220 Linden Ave
South San Francisco, CA 94080
Downtown South San Francisco


OVERVIEW

The Ehmer Group is proud to announce an investment opportunity to Purchase The Metropolitan Hotel, located in Downtown South San Francisco, CA for $6,995,001. The property is a mixed use 69 unit building consisting of 68 SRO’s and one three bedroom unit. The property is three stories and includes ground-level retail space with two commercial tenants. At close of escrow the Buyer will own the property in Fee Simple and can assume all operations and management responsibilities. This is an exciting opportunity to purchase a property with below market rents in a rapidly changing and dynamic area of South San Francisco, one of the world’s most valued and sought after commercial real estate markets.

FOR SALE DETAILS

PRICE

$6,995,001 USD

PRICE/SF

$353 USD /SF

# OF UNITS

69

PRICE/UNIT

$101,377

CAP RATE

8.23%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Metropolitan Hotel

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1912

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

N/Av, S SanFrancisco

APN/PARCEL ID

012-316-010

ASK ABOUT THIS PROPERTY

Richard EhmerThe Ehmer GroupMore Info
415-225-5176

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Richard EhmerThe Ehmer GroupMore Info
415-225-5176

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