San Francisco Suites on Nob Hill
February 15, 2023
Dear San Francisco Suites Owners and Friends of the Suites,
The Board of Directors would like to hold a special Spring Auction
for 4 SFS-owned Parlors and 1 Master:
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11P Whose year January 1,2023-Dec 31,2023, with 7 days still available
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348P Whose year is July 1,2022-June 30,2023, with 7 days still available.
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242P Whose year is April1,2023-March 30,2024 with 7 days still available
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27P Whose year is April 1,2023-March 30,2024, with 7 days still available.
The minimum bid for the Parlor is $100.00
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78M Whose year is April 1,2023-March 31,2024, with 7 days still available.
The minimum bid for the Master is$3,000.00.
The auction is open to anyone interested in placing a bid.
The property taxes for 2023 have been paid.
The 4 highest bids for the Parlors will win and the highest bid for the Master will win.
The buyer agrees to pay escrow costs, which are about $800.
The 2023 assessment of $1,555.00 will also be due.
This special auction will close on March 15, 2023, at 9 PM. No bids will be accepted after this time.
This is a unique opportunity for you to purchase a share that 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: Chuck Meibeyer, President of the Board