Receivership Sale (dual-tracking foreclosure). Opportunity to acquire Nottingham Place, a 3-story residential building currently operating as an 11-room Co-Living/SRO with common kitchens and bathrooms. Originally constructed in the early-1900s, the property underwent extensive renovations in 2017 when converted to current use. The property is currently 64% leased (9-2023), with the potential to be delivered fully vacant upon closing. Average in-place rent is $1,527 per room. Located in Jackson Square, adjacent to the Financial District and North Beach neighborhoods, the immediate area is highlighted by walk-to amenities including shopping, dining, and pubs along with transportation nodes and dense employment centers.
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