facebook
Traded Co logo
Submit

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

Property Image
SOLD
$1,700,000

California

See Similar Deals
MultiFamily2,615 SF
Sold 04/15/2021
the dealplayerscompscontact
Property Image
SOLD

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

1139 Sanchez Street, San Francisco, CA, USA

See Similar Deals
MultiFamily2,615 SF
Sold 04/15/2021
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$650
Total Square Footage:2,615 SF
Transaction Type:Sale

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.

Players

Louis Kwok
3 deals$15.4M volume
BROKER

David Nelson
Marcus & Millichap
1 deal$1.7M volume
BROKER

Details

SOLD
IMAGE: David Nelson & Louis Kwok @LouKwok DATE: 04/15/2021 ADDRESS: 1139-1141 Sanchez St. MARKET: San Francisco ASSET TYPE: Multifamily BROKERS: Louis Kwok @LouKwok & David Nelson ASKING PRICE: $1,650,000 SALE PRICE: $1,700,000 UNITS: 2 ~ PPU: $850,000 SF: 2,615 ~ PPSF: $650 CAP: 2.75%

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$90,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,039.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,058.87
Annual Debt Service$96,706.41