Rare Full-City Block Multifamily Sale in San Francisco

SAN FRANCISCO, CA -- (1/31/2025) -- Opportunities to acquire a full city block in San Francisco with over 100 units are few and far between. The recent sale of The Normandy Apartments, located in the heart of the Western Addition, represents a truly unique transaction—offering not only significant scale in a supply-constrained market but also future development potential in the adjacent parking lot.

Colliers was honored to represent the seller in this transaction. Having meticulously managed the property throughout their ownership, the seller maintained high operational standards and upheld the integrity of this well-located multifamily asset. Their stewardship ensured that The Normandy Apartments remained a well-maintained and attractive investment opportunity.

On the buyer’s side, this acquisition presents a strong opportunity to stabilize vacancy and maximize the asset’s value, particularly as the San Francisco multifamily market continues to rebound. With the city experiencing renewed rental demand and positive migration trends, well-positioned assets like The Normandy Apartments stand to benefit from long-term growth.

This transaction is a testament to the continued resilience and attractiveness of San Francisco’s multifamily market. Despite broader market fluctuations, well-located properties with scale and upside potential continue to draw strong investor interest.

Congratulations to all parties involved in this successful transaction. The Colliers Multifamily Team is proud to have facilitated this deal, and we look forward to seeing what the future holds for this exceptional property.

For Additional Information or To Learn About Our Team Services, Please Contact:

Dustin Dolby: [email protected] | (415) 288.7869

Website: www.theDLteam.com