Louis Kwok & David Nelson Acquire Multifamily Property On Sanchez St. In San Francisco For $1.7M

A multifamily property located at 1139-1141 Sanchez St. in San Francisco has recently been sold. The property consists of 2 units with a total square footage of 2,615. The asking price for this property was $1,650,000, and it was ultimately sold for $1,700,000. This translates to a price per unit of $850,000 and a price per square foot of $650. The property boasts a cap rate of 2.75%.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,700,000
• Units: 2
• PPU: $850,000
• SF: 2,615
• PPSF: $650
• CAP: 2.75%

The sale of this multifamily property was facilitated by Louis Kwok and David Nelson. They represented the parties involved in the deal and helped facilitate the transaction.