Description
INVESTMENT HIGHLIGHTS
- 9 Units mixed-use
- Walkable to nearby amenities, public transportation and to surrounding neighborhoods
- Desirable Mission District location
EXECUTIVE SUMMARY
Touchstone Commercial Partners, Inc. is pleased to offer investors the opportunity to purchase the fee simple interest in 1799 Mission Street, San Francisco, CA 94103. The subject property consists of four (4) 1bd/1ba units, three (3) 2bd/1ba units, one (1) studio unit, and one (1) ground floor commercial plus basement unit. The property is 100% occupied. Formerly The Armory Club, the ground floor commercial space was recently leased to an experienced San Francisco bar operator. This property delivers a stabilized asset with in-place income and plenty of upside.
PROPERTY FACTS
| Price | $3,450,000 | Apartment Style | Low Rise |
| Price Per Unit | $383,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.05 AC |
| Cap Rate | 5.10 | Building Size | 8,130 SF |
| Gross Rent Multiplier | 13.31 | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1907/2012 |
| Property Subtype | Apartment | Opportunity Zone | No |
UNIT AMENITIES
- Air Conditioning
- Wheelchair Accessible (Rooms)
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 0+1 | 1 | – | 255 |
| 1+1 | 4 | – | 417 – 438 |
| 2+1 | 3 | – | 694 |
