Veritas Investments Acquires 18-Unit Multifamily In San Francisco For $13.3M
3839 Divisadero Street, San Francisco, California 94123, United States
$13,300,000
Units
18
Asset Type
MultiFamily
Closing
Oct 9, 2022
AI
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
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
1.19%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93