Listed by Barbermurphy Group
$1,500,000
Multi-Family Investment Opportunity
Details
APN 22-2-19-24-08-204-005
Property Type Multifamily
Square Footage 5,580
Cap Rate 6.20%
NOI $93,029
Price per SqFt $269
Year Built 1980
Buildings 2
Zoning Multi-Family
Investment Opportunity
Marketing description
13 Unit all-brick apartment complex consisting of 2 buildings. There are (8) 1 Bedroom units and 4 studio apartments. The basement is available as an apartment. Fully leased out to Chestnut Health Systems, with the exception of the basement. Landlord pays property taxes, insurance, and utilities.
Located approximately 10 miles northeast of St. Louis, MO and is part of the Metro-East region. The city is home to several parks, restaurants, and businesses.
Listing Contacts
Listed by Barbermurphy Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$93,029.00
$7,752.42/mo
Valuation Metrics
0
DSCR
6.2%
Cap Rate
6.2%
ROI
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Tax History
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