Marcus & Millichap Brokers $19M Sale of USA Hostels Property in Downtown San Francisco
SAN FRANCISCO — Marcus & Millichap has arranged the sale of an USA Hostels hospitality property located at 711 Post St. in downtown San Francisco. A private investor acquired the asset for $19 million.
Built in 1907, the five-story building features 123 rooms including 48 units with private bathrooms, a large common area, dining area, self-service commercial kitchen and yoga studio.
Jag Patel of Marcus & Millichap’s Oakland office represented the seller and procured the buyer in the deal.