668 Clay Street
The Pyramid Commons is 108 Single-Room Occupancy (SRO) residential hotel rooms. The owners have subdivided this parcel, allowing these rooms to be sold separately from the commercial component of the building. This allows a new owner to step in and operate a highly-upgraded residential hotel that will provide an excellent return without the complexities of managing commercial and retail tenants in our current economy. The property’s occupancy rate is currently 53%, making this opportunity well-suited for non-profit organizations or operators that desire flexibility and control over selection of new tenants.