146-150 Gardiner Ave - Apartments FOR SALE
South San Francisco, CA 94080 |
146-150 Gardiner Ave
South San Francisco, CA 94080
HIGHLIGHTS
- MAJOR PRICE IMPROVEMENT: $2 Million Price Improvement. First Time on Market in Almost 30 Years. Same Family Ownership for 3 Generations
- Property Offers 3 Contiguous Parcels to be Purchased Together: 21-Unit Apartment Property ($6.635 mm) + 2 Single Family Homes ($1.8 mm)
- Potential Arbitrage Opportunity: Purchase 3 Parcels Together, Divest 2 Single Family Homes After Staging, Reduce Cost Basis for 21-Unit Apartment
- Potential Owner-User Opportunity: Purchase 3 Parcels Together, Move Into 1 or 2 Single Home(s) & Receive Cashflow From 21-Unit Apartment
- Good, Convenient Location in South San Francisco: 15-Minutes to Downtown San Francisco / 17-Minutes to Downtown San Mateo
- Reasonable Price-Per-Unit & Price-Per-SF for Core Peninsula Apartment Asset in Convenient Location (Contact Agent or See OM for Details)
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
146-150 Gardiner Ave
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
16614
STORIES
3
YEAR BUILT
1926
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
012-094-160
