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140 Turk St
San Francisco, CA 94102
Boston Hotel - Tenderloin · Hospitality Property For Sale
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6 Rooms
Investment Highlights
- Property in Great Condition
- Very Motivated Seller
- High Vacancy building
Executive Summary
Boston Hotel- San Francisco
This is a perfect opportunity to pick up a quality SRO Hotel that has been well maintained over the years and is coming to market during a time when the San Francisco real estate market is at its lowest point, making it a perfect buyers’ market.
The Boston Hotel is a 3-Story, 32-unit interior corridor residential hotel that has been well maintained and has remained in pristine condition under the same ownership for over 25 years.
Besides the 32 units included in the offering, the hotel also includes a managers’ unit as well as a large undeveloped commercial space on the ground floor adding opportunity for more revenue.
All units include a bed, cable TV, a mini fridge, heating and a sink.
The hotel is located just minutes’ walk to downtown Union Square, café’s, restaurants, theatres and public transportation.
This is a perfect opportunity to pick up a quality SRO Hotel that has been well maintained over the years and is coming to market during a time when the San Francisco real estate market is at its lowest point, making it a perfect buyers’ market.
The Boston Hotel is a 3-Story, 32-unit interior corridor residential hotel that has been well maintained and has remained in pristine condition under the same ownership for over 25 years.
Besides the 32 units included in the offering, the hotel also includes a managers’ unit as well as a large undeveloped commercial space on the ground floor adding opportunity for more revenue.
All units include a bed, cable TV, a mini fridge, heating and a sink.
The hotel is located just minutes’ walk to downtown Union Square, café’s, restaurants, theatres and public transportation.
Property Facts
| Price Per Room | $570,329 CAD | Lot Size | 0.09 AC |
| Sale Type | Investment | Building Size | 10,740 SF |
| Cap Rate | 6.50% | No. Rooms | 6 |
| Sale Condition | High Vacancy Property | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 1907 |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | C | ||
| Zoning | RC4 | ||
| Price Per Room | $570,329 CAD |
| Sale Type | Investment |
| Cap Rate | 6.50% |
| Sale Condition | High Vacancy Property |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 10,740 SF |
| No. Rooms | 6 |
| No. Stories | 3 |
| Year Built | 1907 |
| Corridor | Interior |
| Zoning | RC4 |
Amenities
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 6 | $157.41 CAD | - |
Property Taxes
| Parcel Number | 0339-007 | Improvements Assessment | $474,877 CAD |
| Land Assessment | $296,786 CAD | Total Assessment | $771,663 CAD |
Property Taxes
Parcel Number
0339-007
Land Assessment
$296,786 CAD
Improvements Assessment
$474,877 CAD
Total Assessment
$771,663 CAD
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