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SAN FRANCISCO — A partnership between Presidio Bay Ventures and Artemis Real Estate Partners has acquired Olume, a 121-unit apartment building located at 1401 Mission St. in San Francisco’s SoMa neighborhood, for $39.7 million.
Olume offers 121 studio, one- and two-bedroom apartments. Amenities include a rooftop deck with a 360-degree view, lounge, coffee bar, pet park and electric vehicle charging stations. The asset was 95 percent occupied at the time of sale. The Main Post will manage the property.
Matt Kroger, Ryan Wagner, Brandon Geraldo and Fatai Alashe of JLL brokered the transaction. The name of the seller was not released.