San Francisco Suites on Nob Hill

 

November 17, 2020

Dear San Francisco Suites Owners and Friends of the Suites,

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

  • 19P Whose year is April 1, 2020 –March 31, 2021, with 7 days still available
  • 46P Whose year is April 1, 2020 – March 31, 2021, with 7 days still available
  • 199P Whose year is April 1, 2020- March 31, 2021, with 7 days still available
  • 281P Whose year is April 1, 2020 – March 31, 2021, 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 2020 have been paid.

The four highest bids will win.

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

The 2021 assessment will be due on January 1, 2021.

This special auction will close on December 17, 2020, 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

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