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Cris Lamas Of Urban Capital Of San Francisco Represents Buyer In $7.25M MultiFamily Sale In San Francisco

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SOLD
$7,250,000

California

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MultiFamily
Sold 03/24/2025
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Property Image
SOLD

Cris Lamas Of Urban Capital Of San Francisco Represents Buyer In $7.25M MultiFamily Sale In San Francisco

860 Geary Street

See Similar Deals
MultiFamily
Sold 03/24/2025
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Summary

CALIFORNIA
Asset Type:MultiFamily
Transaction Type:Sale

The property involved in this transaction is a MultiFamily asset located at 860 Geary Street in San Francisco. The sale was finalized on March 24, 2025, for a total price of $7,250,000. The property comprises 41 units, contributing to its multifamily classification in the market.

Summary of transaction details:

This transaction highlighted the involvement of notable representatives, specifically Cris Lamas, who represented Urban Capital of San Francisco as the buyer's representative. On the seller's side, the deal was managed by Sanford G. Skeie and Gino Franco, both affiliated with Marcus & Millichap, emphasizing their dual representation in this transaction.

Players

Sanford G. Skeie
2 deals$20.6M volume
BROKER

Gino Franco
Marcus & Millichap
1 deal$7.3M volume(415) 625-2167
BROKER

Cris Lamas
Urban Capital of San Francisco
1 deal$7.3M volume(415) 670-9888
BROKER

Details

SOLD
IMAGE: Gino Franco, Sanford G. Skeie & Cris Lamas DATE: 03/24/2025 ADDRESS: 860 Geary Street MARKET: San Francisco ASSET TYPE: Multifamily BUYER'S REP: Cris Lamas - Urban Capital of San Francisco (@UrbanCapital_SF) SELLER'S REP: Gino Franco & Sanford G. Skeie - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $7,250,000 UNITS: 41 ~ PPU: $176,829 NOTE: Marcus & Millichap brokered the $7.25M sale of Alhambra Apartments, a 41-unit property at 860 Geary St. in San Francisco. Sanford Skeie and Gino Franco represented the seller, while Chris Lamas of Urban Capital secured the buyer.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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