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Hunters View Getting Market-Rate Housing
Developer Build Inc. will pay the City of San Francisco $10 million for 2.5 acres in Hunters View, where it plans to build market-rate housing. Part of the goal from a civic perspective is to replace the public housing in the area, which is considered some of the worst in the nation.
Build Inc. plans from 140 to 200 units on the site. There is hope that market-rate housing mixed with lower-income residences will make the area more attractive and vibrant.
The new development will consist of three building that range from 40 to 65 feet in height. Architecture firm Mithun Solomon is also on the project.
Apartment buildings for sale
Check out the latest properties available on apartmentbuildings.com
3111 W Ramona
Alhambra, CACalifornia & West + Apartment Buildings
Learn MoreListing Status: Available Price: $3,700,000 No. of Units: 13 Cap Rate: 4.51 GRM/GIM: 12.89 Average Occupancy: 97 Year Built: 1954 Building Size: 11778 Sq ft Lot Size: 11253 Acres No. of Stories: 2 APN: 5352-013-007 Zoning Code: ALRPD No. of Parking Spots: 11 Opportunity Zone: No Buy Side Fee: $3 Price per unit: $284,615 Bridgewood Apartments
Santa Rosa, CACalifornia & West + Apartment Buildings
Learn MoreListing Status: Available Listing Type: Call for offers Price: $3,850,000 No. of Units: 14 Cap Rate: 5.75 GRM/GIM: 11.34 Year Built: 1968 Building Size: 11000 Sq ft Lot Size: .46 Acres No. of Stories: 2 No. of Parking Spots: 20 Opportunity Zone: No Price per unit: $275,000
