Promise Land Realty
Mar 21, 20231 min
Updated: May 9, 2023
Single Family Investment Opportunity
Price
Great opportunity to invest in the City Of St. Louis, MO. This is a turnkey cash flowing portfolio. Please submit all offers directly to sarter@promiselandrealtyllc.com.
Cap Rate of 11.3%.
Total gross rents are $9100/month which is an average of
$827/month per property.
Tenants are responsible for their own utilities with the owner
paying for sewer.
There is one 4-bedroom property, three 3-bedroom properties,
six 2-bedroom properties and one 1-bedroom property.
Nine of the properties are rented and there are two vacancies.
The properties do have differed maintenance and have been
priced accordingly. You can expect older roofs, older systems, and other updates that will be needed.
Property Map & Addresses
PROMISE LAND REALTY, LLC
Work: 864-762-2509
sarter@promiselandrealtyllc.com
All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. You do NOT HAVE PERMISSION to market this property WITHOUT EXPRESSED WRITTEN CONSENT. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. *Realtors add your fee on top*