About 400 Broadway Street
We're pleased to offer this unique investment opportunity in the North Beach district of San Francisco. Golden Eagle Hotel is walking distance to some of San Francisco's best restaurants, cafes, bars, entertainment and nightlife. Close proximity to historical and iconic San Francisco landmarks such as the TransAmerica building, China Town, Pier 39, Coit Tower and San Francisco Embarcadero, just to name a few. This property consists of 118 rooms occupying the upper 3 floors. The ground floor commercial units are leased out to Cloud 9 Smoke Shop and Felicity's Fetiche 17.17% Cap Rate and 3.64 GRM based on proforma rents. 4.63% Cap Rate and 7.36 GRM based inplace income The property is being offered for sale through a court-appointed receiver. Buyer will be subject to approval by the Superior Court.
