Listed by Starboard Commercial Real Estate
$3,500,000
311 11th Avenue
Details
APN 1443
Property Type Retail, Multifamily
Sub Type Storefront, Apartment Building
Square Footage 9,950
Units 16
Cap Rate 6.37%
Occupancy 100%
Tenancy Multi
Lease Type NNN
Stories 2
Lot Size (SqFt) 5,248
Zoning NCD – Inner Clement Commercial District
Unique Mixed-Use Investment Opportunity in the Heart of the Richmond District - Fully Renovated
Marketing description
Starboard Commercial, as an exclusive Advisor, is pleased to present a great
investment opportunity with great income with future upside. The property
features 15 SRO units along with ground floor commercial.
Investment highlights
The property features 15 SRO units along with ground floor commercial.
Unique Mixed Use investment Opportunity in the heat of the Richmond District
Fully Renovated- Ownership put over $1,000,000 of capital into the property.
Priced to Sell with an in-place Cap Rate of 6.37%
22% Upside in the Rents
Listing Contacts
Listed by Starboard Commercial Real Estate
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