JRK Property buys 88-unit apartment complex in SF for $44M; price for eight-story building in Rincon Hill works out to $503K per unit

9/17/2024

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The Real Deal

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• Subcategory: MF: Market Rate

• Tag: Sale

• Additional Filters-Subcategory: MF: Midrise

• Additional Filters-Tags: Sale: Investment, Sale: Single Property

• Company: JRK Property Holdings

JRK Property Holdings has picked up an 88-unit apartment complex in San Francisco’s Rincon Hill for $44.25 million. The Los Angeles-based investor bought the eight-story apartment complex at 333 Fremont Street, the San Francisco Business Times reported. The seller was an affiliate of ASB Real Estate Investments, based in Maryland, and San Francisco-based City-Core.