381 Turk St - Apartments FOR SALE


San Francisco, CA 94102- Civic Center
$5,100,000 USD
415-625-2157
381 Turk St, San Francisco, CA for Sale
$5,100,000 USD
Apartments - FOR SALE
1/32
null | 7.21% Cap Rate

381 Turk St
San Francisco, CA 94102
Civic Center


OVERVIEW

Originally constructed in 1915, this 13,957 square foot building sits at the mid-block of Turk St between the streets of Hyde and Leavenworth in the vibrant Tenderloin neighborhood of San Francisco. Current residents enjoy living in close proximity to Union Square, Polk Street, Market Street, and Van Ness corridor which offers numerous local and tourist destinations such as bars, clubs, theater, dining, shopping and night life. Substantial upgrades including fresh interior paint, lobby renovation, carpeting, modernized light fixtures, revamped intercom system, refurbished elevator, upgraded front gate, security cameras, and an updated common laundry room. 381 Turk St is a stabilized asset with 32 units consisting of 29-Studios and 3 one-bedroom units. An excellent opportunity for investors to own a building at a significant discount to replacement cost.

FOR SALE DETAILS

PRICE

$5,100,000 USD

PRICE/SF

$365 USD /SF

# OF UNITS

32

PRICE/UNIT

$159,375

CAP RATE

7.21%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1915

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

RC4, San Francisco

APN/PARCEL ID

0345-012C

ASK ABOUT THIS PROPERTY

Clinton TextorMarcus & MillichapMore Info
415-625-2157

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Clinton TextorMarcus & MillichapMore Info
415-625-2157

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