7499 Hazelcrest Dr, Hazelwood, MO 63042
$499,000 (Available Now)

7 Well Maintained Condos In Hazelwood

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Invest in St. Louis

Great opportunity to purchase a package of seven well-maintained fully-rented condos consisting of 3 studio units, 1 one-bedroom unit, 2 two-bedroom units, and 1 three-bedroom unit. These condos are located in Hazelwood within close proximity.

  • The condos are in high demand for rent & typically generate multiple applications when available.
  • The apartments are currently rented for $5,800 a month which is $69,600 annualized.
  • Based on current annual expenses of $25,821 with the current rent roll the building nets $43,779 a year.
  • Units are rented under market rent, potential for net income to be over $50,000 annually.
  • Very easy to maintain with a low monthly maintenance. All exterior repair costs & grass cutting, parking areas, roofs, etc. are taken care of by the condo association.
  • Dedicated off-street parking & laundry in unit or on site.
  • All condos are all electric & tenants do not have to pay for water, trash, or gas. Units have hotel-style heating and cooling, keeping costs down.
  • Major employers nearby include Amazon and Boeing.

Supplemental Documents

Property Location

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Property Details:
Square Footage: 5194 County: St. Louis County Units: 5+ Condition: Turn Key Occupancy: Fully Occupied Parking: Off Street Parking, Parking Lot Heating: Electric Heat Cooling: Central Electric Construction: Brick, Siding Basement: None
Home Amenities:
  • Fridge
  • Stove
Agent Details:
Owner / Broker: Jordan Schoen Phone: (314) 255-5117 Fax: (314) 480-7053
Agent: Jack Orban Phone: (636) 346-3318 Fax: (314) 480-7053
Contact Agent: Please use the form below to contact agent Jordan Schoen Jack Orban about this listing.

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