198 Carl Street

"198 Carl St is located at the intersection of Stanyan and Carl Streets only one block away from Golden Gate Park, in the fabled Haight-Ashbury Dist. The building consists of 27 SRO units and one office. Once the center of the 1960's hippie counterculture movement, The Haight'' is now a popular tourist destination, though it is equally favored by locals who appreciate its eclectic dining, lively nightlife, and diverse charm. Bus lines on nearby Haight St, Parnassus Ave and Stanyan St provide easy access to various parts of the City. This is a unique opportunity for investors to acquire an asset with tremendous potential offered at a low GRM of 10.89, low price/unit of $192,679 & an attractive 10.43% cash on cash return."