280 San Felipe Avenue, San Bruno
6 Unit Apartment Building

Key Highlights:

-Buyer Representation

-4.56% Cap Rate / 14.48 GRM

-6 Unit Apartment Building made up of 1 Three-Bedroom/Two--Bathroom, 2 Two-Bedroom/One-Bathroom, and 3 One-Bedroom/One-Bathroom Units.

-8 Parking Garages + ADU Potential

-Through strategic negotiations, the buyers were able to acquire the asset for $300,000 below a recent appraisal.