Courtesy of Raul Rodriguez-Pulido, Raul Rodriguez-Pulido.
Prime Investment Opportunity in Richmond District Starboard Commercial is pleased to present a fully renovated mixed-use property featuring 15 SRO units and ground floor commercial space. Located at 311 11th Ave in the heart of the Richmond District, this property offers great income potential with an in-place cap rate of 6.37% and 22% upside in rents. With over $1,000,000 invested in upgrades, this property is priced to sell. Key details include a building size of approximately 9,950 sq. ft., a lot size of 5,248 sq. ft., and a 50 ft. street frontage. Don’t miss this unique investment opportunity in a vibrant neighborhood.
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