Located less than a mile from San Francisco's Union Square, 620-626 O'Farrell St is a rare opportunity to acquire a mixed-use building in the heart of the city. The asset features the established eatery Tycoon Thai Restaurant located on the ground floor with (13) SRO units above on the second and third. Occupants enjoy use of common area kitchen as well as private and shared restrooms. (7) of these rooms have city designated tourist licenses and are rented on a nightly basis providing the ownership with income in a city known as a popular travel destination. The remaining six can be leased out to longer term tenants, generating consistent additional revenue. Offered at a Projected 5.73 % CAP Rate/11.92 GIM - 12.14% Proforma CAP Rate/6.61, the building will provide Operators/ Investors with diversified cash flows and potential future upside.
