220 Linden Ave - Apartments FOR SALE


South San Francisco, CA 94080
$7,950,000 USD
619-907-1604
220 Linden Ave, South San Francisco, CA for Sale
$7,950,000 USD
Apartments - FOR SALE
1/3
null | 8.3% Cap Rate

220 Linden Ave
South San Francisco, CA 94080


OVERVIEW

The Ehmer Group is proud to announce an investment opportunity to Purchase The Metropolitan Hotel, located in Downtown South San Francisco, CA for $7,950,000. The property is a mixed use 69 unit building consisting of 68 SRO’s and one three bedroom unit. The property is three stories and includes ground-level retail space with two commercial tenants. At close of escrow the Buyer will own the property in Fee Simple and can assume all operations and management responsibilities. This is an exciting opportunity to purchase a property with below market rents in a rapidly changing and dynamic area of South San Francisco, one of the world’s most valued and sought after commercial real estate markets.

FOR SALE DETAILS

PRICE

$7,950,000 USD

PRICE/SF

$402 USD /SF

# OF UNITS

68

PRICE/UNIT

$116,912

CAP RATE

8.3%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Metropolitan Hotel

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1912

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

N/Av, S SanFrancisco

APN/PARCEL ID

012-316-010

ASK ABOUT THIS PROPERTY

Ken EhmerThe Ehmer GroupMore Info
619-907-1604

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Ken EhmerThe Ehmer GroupMore Info
619-907-1604

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