16-Unit Opportunity in Florissant

-Located in historic Old Town Florissant with shopping, dining located in historic buildings.

-On Rue St. Francois there are annual events and festivals including the Valley of Flowers Festival, Fall Festival and Wednesday night out parties. 

-Florissant has been previously ranked as the #1 best small city to retire in and #2 safest in Missouri. 

-Complex built in 1986.

-Easy to maintain solid brick building with pitched roof, built on a slab.

-All apartments have central heat and air conditioning and updated electric.

-Rents can be raised considerably as is and additionally with minor cosmetic upgrades.

-Two apartments for rent just rented for $775 in 2 days, the last apartment for rent will be marketed at $800.

-Rents for similar size 1 bedroom apartments rent as much as $800 nearby.

-Units have washer/dryer hookups in all units and vinyl windows.

-Building is a 55+ senior building with many long term tenants.

-There is shared parking next door in the rear.

-Located next to a restaurant with seating adjacent to the building.

-Seller is encouraging offers.