Investment Overview

The Sweden House Hotel is an exceptional mixed-use property, comprising 39 units in total. It features 38 single-room occupancy (SRO) units alongside a single retail commercial unit. Consisting of 11,985 square feet of structure size, per tax records, 570 O’Farrell Street will be delivered 30% occupied with 27 of the residential units to be delivered vacant. There are 5 tourist licenses that are included with the offering and allow for unrestricted short-term/nightly rentals. The commercial unit is leased to Cantoo, a Latin Asian Rotisserie, on a 5 year lease with one year option to renew. The property is located in the Tenderloin District of San Francisco nearby the teeming commercial hub of Union Square. Many major hotels and department stores are packed into the area, as well as restaurant, nightspots and galleries. This is a fantastic opportunity for an investor to acquire a value-add investment property in the heart of San Francisco.