994 Guerrero Street

994 Guerrero StreetSan Francisco

OFFERED FOR SALE 15-Unit, Mixed Use PropertyDesirable Mission Dolores Location

Mark BonnManaging Director415.614.4354mbonn@apr.comlic.: 01008844

Mirella WebbSenior Investment Advisor415.814.6699mwebb@apr.comlic.: 01409540

994 Guerrero Street

994 Guerrero Street

■ Great Investment Opportunity in the Fantastic Mission Dolores Neighborhood

■ Only 1 Block form Hot Valencia Street Retail and Restaurants

■ Significant Long Term Upside in Rents

■ Turnkey Property with Significant Recent Capital Improvements Including:

Full Building Electrical Upgrade, Newer Interior Paint, New Carpeting,

Renovated Lobby, New Interior Light Fixtures, New Front Gate and Intercom

System, New Roof

■ 4 Units Recently Renovated and 3 Converted from 1-Bedroom to 2-Bedrooms

■ Opportunity for a New Owner to Convert Additional Units in the Future

■ The Units Feature Hardwood Floors, High Ceilings, Large Bay Windows

& Beautiful Period Details

■ The anchor tenant, Liberties, makes up 56% of the retail space in the building.

They have occupied the space for nearly 20 years and have 6 years remaining

on their current lease term with a 10 year additional renewal option.

Investment Highlights

994 Guerrero Street

■ Separately Metered for Gas and Electricity

■ Heating is through Gas Wall Heaters

■ Building Square Footage: 10,515

■ Lot Size: 3,633 Square Feet

■ Year Built 1912 (per assessor records)

Property Facts and Highlights

Price $9,100,000

Number of Units 15

Price / Unit $606,667

Sq. Ft. 10,515

Price / Sq. Ft. $865

GRM 15.3

CAP Rate 4.7%

Pricing

994 Guerrero Street

Rent Roll

Income Information

Unit Type CurrentRent

MarketRent

Move-InDates

Comments

1 1 bedroom $4,495 $4,495 vacant can be converted to 2-bed

2 1 bedroom $2,193 * $3,495 9/1/2009

3 studio $1,829 * $2,695 9/15/2012

4 1 bedroom $3,500 ** $3,495 9/7/2017 renovated

5 2 bedroom $4,495 $4,495 vacant renovated-conversion

6 2 bedroom $4,395 $4,495 7/28/2017 renovated-conversion

7 1 bedroom $3,495 $3,495 vacant

8 studio $1,359 * $2,695 9/3/1997

9 1 bedroom $2,081 * $3,495 9/1/2010

10 2 bedroom $4,595 $4,595 vacant renovated-conversion

3412 retail $1,768 $1,768 vacant 221 sf x $8.00 psf

3414 retail $1,744 $1,744 vacant 218 sf x $8.00 psf

3416 Hugo Ruiz Hair $2,309 $2,819 11/1/2009

3420 retail $1,800 $1,800 vacant 225 sf @ $8.00 psf

998 Liberties Bar $9,359 $9,000 5/1/2014

Monthly Income $49,417 $54,581

Annual Income $593,001 $654,969

* Rent includes passthroughs that are separate from the base rent** Rent includes $75 pet rent

Scheduled Annual Gross Income $593,001

(Vacancy Factor 3%) $(17,790)

Utility Reimbursements $4,400

Retail CAM Reimbursements $12,225

Adjusted Scheduled Gross Income $591,836

(Estimated Annual Expenses) $(168,528)

Net Operating Income $423,308

Estimated Annual Expenses

Real Estate Taxes (1.18%) $107,380

Property Insurance $6,613

PG&E $4,848

Water & Sewer (estimated when full) $7,500

Garbage & Recycling $4,639

Telephone/Intercom $2,675

Property Management (4%) $23,720

Permits/License/Safety $1,000

Janitorial $2,653

Repair/Maintenance (estimated at $500 per unit) $7,500

Annual Expenses $168,528

Estimated Expenses and Revenue

994 Guerrero Street

994 Guerrero Street

994 Guerrero Street

The information contained in this Offering is confidential, furnished solely for the purpose of review by a prospective pur-

chaser of the subject property. The material is based in part upon information supplied and in part upon information ob-

tained by Alain Pinel Realtors Investment Group from sources it deems reasonably reliable. No warranty or representation,

expressed or implied, is made by the owner, Alain Pinel Realtors Investment Group, or any of their respective affiliates, as to

the accuracy or completeness of the information contained herein or any other written or oral communication transmitted to

a prospective purchaser in the course of its evaluation of the Property. No legal liability is assumed or to be applied in con-

nection with the information or such other communications. Without limiting the generality of the foregoing, the information

shall not be deemed a representation of the state of affairs of the subject property or constitute an indication that there has

been no change in the business or affairs of the subject property since the date of preparation of the information. Prospective

purchasers should make their own projections and conclusions without reliance upon the materials contained herein and con-

duct their own independent due diligence, including engineering and environmental inspections, to determine the condition

of the Property and the existence of any potentially hazardous material located at the site.

The Offering was prepared by APR Investment Group. It contains select information pertaining to the subject property and

does not purport to be all inclusive or to contain all of the information which a prospective purchaser may desire. All financial

projections are provided for general reference purposes only and are based on assumptions relating to the general economy,

competition and other factors beyond control and, therefore, are subject to material change or variation. An opportunity to

inspect the subject property will be made available to qualified prospective purchasers.

In the Offering certain documents and other materials are described in summary form. The summaries do not purport to

be complete nor, necessarily, accurate descriptions of the full agreements involved, nor do they constitute a legal analysis

of such documents. Interested parties are expected to independently review all documents. The Offering is subject to prior

placement, errors, omissions, changes or withdrawal without notice and does not constitute a recommendation, endorse-

ment or advice as to the value of the Property by APR Investment Group or the Owner. Each prospective purchase is to rely

upon its own investigation, evaluation and judgment as to the advisability of purchasing the subject property described

herein.

The owner and APR Investment Group expressly reserve the right, at their sole discretion, to reject any or all expressions of

interest or offer to purchase the subject property and/or to terminate discussions with any party at any time with or without

notice. The owner shall have no legal commitment or obligation to any interested party reviewing the Offering or making an

offer to purchase the subject property unless a written agreement for the purchase of the subject property has been fully

executed and delivered by the owner and such party and any conditions to the owner’s obligations there under have been

satisfied or waived and then only to the extent expressly provided for therein. Alain Pinel Realtors Investment Group is not

authorized to make any representations or agreements on behalf of the Owner.

The Offering is the property of APR Investment Group and may be used only by parties approved by APR Investment Group.

Alain Pinel Realtors Investment Group 2001 Union Street Suite 200 San Francisco, CA 94123 Phone: 415.814.6690 Fax: 415.409.1125www.aprinvestmentgroup.com

Scheduled Tours:

July 10th 2:00- 3:30 PMJuly 12th 11:00 - noonJuly 17th 2:30 - 3:30 PMJuly 19th 11:00 noonJuly 24th 2:30 - 3:30 PM

Showings byAppointment Only.

Offers due July 25th by 5PM.

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