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Buildings By Owner | Buy, Sell & Lease Commercial Real Estate. Privately.
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Home For Sale Missouri St Louis 3392
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Investment Property For Sale By Owner

** 18 UNIT APARTMENT COMPLEX ** ST LOUIS, MO ** GREAT CASH FLOW **




Brandon Ave, St Louis, Missouri 63136 United States
Description

Collect $7,650/Month OR MORE on This 18-Unit Property
Located in St. Louis, MO
• Are you an investor looking for a perfect, stable starter property?
• Are you looking for a multifamily deal offering significant upside potential?
• Looking for an investment opportunity that will multiply your real estate returns?
Imagine having 18 income-producing units!
PRICED TO MOVE QUICKLY: $325,000
This property offer a number of investment benefits:
• Priced to MOVE
• Gross potential operating income of $91,800
• Net operating income of $45,900
• Cap rate of 14 percent
• Stable property with 83-percent occupancy
• Management in place
• Section 8 schedule pays $624/mo for 1-bedroom units (minus utility allowance)
• Significant upside potential
• Room to raise rents
• Self-managed
For IMMEDIATE DELIVERY of the Property Package:

Option 1: Text your name & email to 314-222-2077 and a packet will be emailed within 10 minutes

Option 2: Dial the voice box at 314-222-2077 and speak ONLY your name & email – a packet will be emailed within 10 minutes

Price: $325,000
Property Sub-Type: Investment Property
Cap Rate: 16.5 %
Total Building Size: 14760 SF
Year Built : 1965
No of Stories: 2
Listing ID: 3392

Map of: Brandon Ave, St Louis, Missouri 63136 United States

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