See Description
$754,577 (Available Now)

10 SFR Portfolio

*click image to start slideshow

Invest in St. Louis

With the Safari Park being built in just a few short years near these neighborhoods, now is a great time to pick up these homes that are already cash flowing EARLY. The St. Louis Zoo will ask for approval of a $135 million borrowing package that will jump-start the development of a new outdoor animal park on 425 acres in north St. Louis County. Making these neighborhoods more appealing than ever before. The portfolio consists of 10 fully rented single-family homes. These homes are currently rented for a total of $8,860 a month which is $106,320 when annualized. All tenants are paying rent. Expenses are approximately $3,200 a month for all 10 houses so when all of the homes are fully rented and paid there is a cap rate of approximately 8%. The portfolio is to be sold together only and they are to be sold as is.

 

Addresses are :

495 Adrian Dr. 63137

7048 Idlewild Ave. 63136

8340 Eton Pl. 63136

5803 Hodiamont Ave. 63136

5720 Hamilton Ave. 63136

8821 College Ave. 63136

10139 Royal Dr. 63136

100 Becker Dr. 63135

4875 Lee Ave. 63115

8727 Sieloff Dr. #B 63042

Supplemental Documents

N/A
Property Details:
Square Footage: N/A County: St. Louis City Units: 10+ Condition: N/A Occupancy: Fully Occupied Parking: N/A Heating: N/A Cooling: N/A Construction: N/A Basement: N/A
Home Amenities:
Agent Details:
Agent: Meghan Heckmann Phone: (314) 337-6170 Fax: (314) 480-7053
Contact Agent: Please use the form below to contact agent Meghan Heckmann about this listing.

Search The MLS

Search the MLS below using the city, postal code, address or listing id of the desired property.