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31389151
31389152

7412-7418 Olian Drive, Hazelwood, MO 63042

CS
MO 1999106100
$1,900,000
80 days on market
Updated 67 days ago

7412-7418 Olian Drive

Details
APN 08K-12-1127; 08K-12-1138; 08K-12-1149; 08K-12-1150; 08K121116
Property Type Multifamily
Sub Type Apartment Building
Square Footage 20,154
Units 20
Cap Rate 5.95%
NOI $113,095
Occupancy 95%
Pro-Forma Cap Rate 10.16%
Pro-Forma NOI $192,960
Price per SqFt $94
Year Built 1959
Buildings 2
Stories 2
Acreage 0.130
Investment Type Stabilized
Ground Lease No
Ownership Private

Multifamily | 20 Units | $95,000/unit

Marketing description

Stabilized turn key 20-unit multifamily investment in sought-after hazelwood! Exceptional opportunity to own a stabilized 20-unit Apartment building in the highly desirable hazelwood school district. This well-performing property features a strong mix of 8 one bedroom units and 12 two-bedroom units, offering both diversity and consistent tenant demand. Units are spacious and updated, with Many featuring remodeled kitchens some with granite countertops, updated baths, hardwood or vinyl plank flooring, and stainless steel Appliances in select units, mostly updated HVAC systems, water heaters and sewer line replacement. Tenants enjoy the convenience of Ample off-street parking, plus access to coin-operated and tenant-owned laundry facilities located in the basements of the buildings. Positioned in a solid rental market with great access to highways, shopping, and major employment hubs, this property is ideal for Investors looking for immediate cash flow with long-term growth potential. Tenants pay rent plus utility reimbursements monthly. Wellmaintained & professionally managed. Don't miss this chance to add a strong, income-producing asset to your portfolio in one of the Most desirable rental markets. Please do not disturb tenants

Investment highlights

  • Lot SqFt: 5,663

Listing Contacts

CS
MO 1999106100

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$113,095.00
$9,424.58/mo

Valuation Metrics

0
DSCR
5.95%
Cap Rate
5.95%
ROI

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Additional Information

Name
Chrisy Smith
License
1999106100
Brokerage
Realty Executives Of St Louis
Brokerage Phone
314-756-8245
Title
Real Estate Broker
Brokerage Address
12016 Tesson Ferry Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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