July 13, 2021

Dear San Francisco Suites Owners and Friends of the Suites,

The Board of Directors would like to hold a special Summer Auction for two SFS-owned Parlors:

14P  Whose year is April 1, 2021 – March 31, 2022, with 7 days still available
52P  Whose year is July 1, 2021 – June 30, 2022, with 7 days still available

The minimum bid is $100.00

The auction is open to anyone interested in placing a bid.

The property taxes for 2021 have been paid.

The two highest bids will win.

The buyer agrees to pay escrow costs, which are about $700.

The 2022 assessment will be due on January 1, 2022.

This special auction will close on August 5, 2021, at 9 PM. No bids will be accepted after this time.

This is a unique opportunity for you to purchase a share which has become a liability because its owner has decided to “walk away” from their financial responsibility to the Association.

Please email your bid or bids to creidgm@sfsuitescsa.com

Please call me at (415) 433-9700 if you have any questions.

Thank you,

Cynthia Reid
General Manager
San Francisco Suites

CC: Geoffrey Bellah, President of the Board