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123-Room San Francisco Hostel Sells for $19MM

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SAN FRANCISCO, Oct. 13,2020 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a five-story, 123-room USA Hostels hospitality asset in Downtown San Francisco, California. The building sold for $19 million, or $154,471 per room. “The property provides guests […]

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