Listed by Coldwell Banker Gundaker Lake St. Louis / Wentzville
$379,000
8950, 8954, 8958 Natural Bridge Road
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,897
Net Rentable (SqFt) 7,897
Units 11
Cap Rate 10.36%
NOI $39,249
Occupancy 90%
Pro-Forma Cap Rate 16.51%
Pro-Forma NOI $62,589
Price per SqFt $48
Broker Co-Op Yes
Year Built 1946 1979
Buildings 3
Stories 2
Acreage 0.587
Parking Spaces 13 spaces
Parking Per SqFt 1.65
Multifamily | 11 Units | $34,455/unit
Marketing description
Back on the Market through no fault of the seller. 4 Building Commercial, 12 units, 11 currently rented. Month-to-Month. High Traffic Area, close to Boeing, and Airport. Sale includes 8950, 8954, and 8958 Natural Bridge Caretaker in one unit for no rent in exchange for maintenance and upkeep. Close to Airport and Boeing.
Investment highlights
Listing Contacts
Listed by Coldwell Banker Gundaker Lake St. Louis / Wentzville
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$39,249.00
$3,270.75/mo
Valuation Metrics
0
DSCR
10.36%
Cap Rate
10.36%
ROI
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