400 Broadway - Apartments FOR SALE


San Francisco, CA 94133- Telegraph Hill
$4,500,000 USD
415-625-2115
400 Broadway, San Francisco, CA for Sale
$4,500,000 USD
Apartments - FOR SALE
1/6
null | 17.17% Cap Rate

400 Broadway
San Francisco, CA 94133
Telegraph Hill


HIGHLIGHTS

  • Unique Retail / SRO Opportunity
  • Premium Corner Location:
  • Subject to Court Confirmation: Buyer will be subject to approval by the Superior Court

OVERVIEW

Marcus and Millichap is pleased to offer this unique investment opportunity in the North Beach district of San Francisco. Golden Eagle Hotel is walking distance to some of San Francisco's best restaurants, cafes, bars, entertainment and nightlife. Close proximity to historical and iconic San Francisco landmarks such as the TransAmerica building, China Town, Pier 39, Coit Tower and San Francisco Embarcadero, just to name a few. This property consists of 118 rooms occupying the upper 3 floors. The ground floor commercial units are leased out to Cloud 9 Smoke Shop and Felicity's Fetiche 17.17% Cap Rate and 3.64 GRM based on proforma rents. 4.63% Cap Rate and 7.36 GRM based inplace income The property is being offered for sale through a court-appointed receiver. Buyer will be subject to approval by the Superior Court.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$220 USD /SF

# OF UNITS

121

PRICE/UNIT

$37,190

CAP RATE

17.17%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1907

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

BDWY

APN/PARCEL ID

0144-007,0572-008

ASK ABOUT THIS PROPERTY

Carlos MoralejoMarcus & MillichapMore Info
415-625-2115

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Carlos MoralejoMarcus & MillichapMore Info
415-625-2115

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