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JUST LISTED!
6-8 Nottingham Place
$3,970,000 | 11 ROOM COLIVING PROPERTY | JACKSON SQUARE
11
Number of Rooms
$304,833
Gross Income
$360,909
Price Per Room
13.0
GRM
6-8 Nottingham is a three unit building located in Jackson Square near North Beach and the Financial District. The property is currently being operated as a coliving household by the city's premiere operator. There are eleven bedrooms, three full baths, three half baths, two kitchens, one kitchenette, and laundry facilities. Each tenant enjoys a fully furnished private room and access to all of the common spaces. The entire building has been remodeled to the highest standard with quality modern finishes and unique touches throughout. This high-performing and turn-key asset currently generates $304,833 in gross annual rents. The current operator is willing to stay on as management and provide a new owner with a passive income stream. Alternatively, a new coliving operator can take over the current operations and gain an immediate foothold in the San Francisco market.
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