Updated Dec 21, 2023
Louis Kwok & David Nelson Acquire Multifamily Property On Sanchez St. In San Francisco For $1.7M
1139 Sanchez Street, San Francisco, CA, USA
$1,700,000
$650/SF
Building Size
2,615 SF
Asset Type
MultiFamily
Closing
Apr 14, 2021
About this deal
AI
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.
On the Map
$1,700,000
$650/SF
MultiFamily
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San Francisco MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93