Description
Rare opportunity to acquire a stabilized asset at a 5.68% cap rate and $291 per sq ft. Unit mix 11-studios, 14-one bedrooms and 11-car parking (updated studios & one bedrooms boast classic detail, hardwood floors, bay windows & well appointed kitchens & baths). Abundant restaurant and shopping options in the areas of Union Square, Polk St, Civic Cente & short walk to the Central Business District'. Public transit (Bart & Muni) at Powell & Civic Center/UN Plaza station. Substantial income upside potential through unit turnover and renovation
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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18,750SQFT
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$291$/SQFT
School Ratings & Info
Description
Rare opportunity to acquire a stabilized asset at a 5.68% cap rate and $291 per sq ft. Unit mix 11-studios, 14-one bedrooms and 11-car parking (updated studios & one bedrooms boast classic detail, hardwood floors, bay windows & well appointed kitchens & baths). Abundant restaurant and shopping options in the areas of Union Square, Polk St, Civic Cente & short walk to the Central Business District'. Public transit (Bart & Muni) at Powell & Civic Center/UN Plaza station. Substantial income upside potential through unit turnover and renovation
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