156 8th Street

154-164 8th St. is a terrific valued-add opportunity consisting of 14 units, 2 commercial and 12 residential units. The excellent unit mix with FIVE vacant units (four residential and 1 commercial) affords the new owner the opportunity to immediately increase the propertys cashflow. Pro-forma estimations have the building operating at 11.2 GRM and a 6% CAP RATE. Seismic retro fit completed in 2016. Corner location gives the property excellent long-term development potential, rounding out a wonderful SOMA investment.