Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

945 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Terrace View 26 Terrace View Ct

122 Unit Block of Flats For Sale Daly City, CA 94015

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Executive Summary

Walker & Dunlop, as the exclusive advisor, is pleased to present the opportunity to acquire Terrace View, a 122-unit multifamily community located in Daly City, CA. Terrace View represents a unique value-add investment offering in one of the Bay Area’s most dynamic and rapidly emerging submarkets. This investment is further enhanced by a highly attractive $34,160,000 Fannie Mae loan available for assumption by the next operator. The loan features a fixed interest rate of 3.14%, full term interest-only payments, and 5 years remaining, offering immediate financial stability and above-market cash-on-cash returns from day one.

Property Facts

Sale Type	Investment	Building Size	137,244 SF
No. Units	122	Average Occupancy	93%
Property Type	Residential	Number of Floors	3
Property Subtype	Apartment	Year Built	1970
Apartment Style	Garden	Parking Ratio	2.09/1,000 SF
Building Class	C

Sale Type	Investment
No. Units	122
Property Type	Residential
Property Subtype	Apartment
Apartment Style	Garden
Building Class	C
Building Size	137,244 SF
Average Occupancy	93%
Number of Floors	3
Year Built	1970
Parking Ratio	2.09/1,000 SF

Unit Mix Information

Description	No. Units	Avg. Rent.Mo	SF
Studios	4	-	400 - 431
1+1	80	-	718 - 805
2+1	38	-	876 - 979

1 of 1

PROPERTY TAXES

Parcel Numbers	Multiple 006-312-920 006-312-850 006-312-810 006-312-830 006-312-880 006-312-890 006-312-900 006-312-820 006-312-840 006-312-870 006-312-910 006-312-860	Improvements Assessment	£8,385,523
Land Assessment	£2,772,464	Total Assessment	£11,157,987