facebook
Traded Co logo
Submit

Veritas Investments Acquires 18-Unit Multifamily In San Francisco For $13.3M

Property Image
SOLD
$13,300,000

California

See Similar Deals
MultiFamily
Sold 10/10/2022
the dealplayerscompscontact
Property Image
SOLD

Veritas Investments Acquires 18-Unit Multifamily In San Francisco For $13.3M

3839 Divisadero Street, San Francisco, California 94123, United States

See Similar Deals
MultiFamily
Sold 10/10/2022
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Transaction Type:Sale

An 18-unit multifamily property located at 3839 Divisadero Street in San Francisco, CA has been sold for $13,300,000. The sale was facilitated by Sandy Skeie from Marcus & Millichap.

Summary of transaction details

  • Property Type: Multifamily
  • Sale Price: $13,300,000
  • Address: 3839 Divisadero Street, San Francisco, CA
  • Market: San Francisco, CA
  • Buyer: Veritas Investments - Yang Pat-Au & Ron Heckmann
  • Broker: Sandy Skeie - Marcus & Millichap
  • Units: 18
  • Price Per Unit (PPU): $738,889

The buyer of the property is Veritas Investments, represented by Yang Pat-Au & Ron Heckmann. Sandy Skeie from Marcus & Millichap acted as the broker in this transaction.

Players

Sanford G. Skeie
2 deals$20.6M volume
BROKER

BUYER

Details

SOLD
IMAGE: Sandy Skeie DATE: 10/10/2022 ADDRESS: 3839 Divisadero Street MARKET: San Francisco, CA ASSET TYPE: Multifamily BUYER: Veritas Investments (@Veritas.Inv) - Yang Pat-Au & Ron Heckmann BROKER: Sandy Skeie - Marcus & Millichap (@MarcusMillichapLosAngeles) SALE PRICE: $13,300,000 UNITS: 18 ~ PPU: $738,889

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)

$709,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$47,252.11
Cash-on-Cash Return-1.27%
Monthly Debt Service$63,048.79
Annual Debt Service$756,585.42