308 Turk Street

308 Turk Street

San Francisco, CA 94102
Tenderloin
Multi-Family
20
$3,650,000

  • Rare opportunity to purchase building with 8 vacant units in various stages of remodel (sellers are willing to complete all remodels)
  • Property consists of 20 studios
  • Centrally located near Civic Center and Market Street
  • Turn-key asset with many recent capital improvements
308 Turk Street presents a unique investment opportunity. The current owners are in the process of remodeling eight vacant studio units. All of the common areas have been redone with new flooring and paint. Many of the windows have just been replaced. The apartments are separately metered for gas and electricity and tenants pay for their own heat, keeping operating expenses low. This is a great opportunity to purchase a turn-key investment with the ability to choose your own tenants for the vacant units. Much upside still remains in the occupied studios.