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Buy&Hold (Multifamily): 24 Unit Apt. Complex, St. Louis, MO 63132 - Deal Available

Multifamily Investment Opportunity






Acquisition Price

$2,650,000


10751 Page Avenue, St. Louis, MO 63132


24 Units - 96% Occupancy - Cap Rate - 7.42%


Great opportunity to invest in a value-add, cash flowing 24 unit apartment complex in St. Louis, MO. The property is all brick with mostly 2 bedroom/2 bathroom units. and is 9,888 SF total. Current NOI is $196,860/year. There is value add in terms of rent increases. Please submit all offers to sarter@promiselandrealtyllc.com Offer deadline is 04/08/2022 @ 11:59 pm.



Expenses:


Taxes: $1500/per month

Insurance: $748.70/per month Water/Trash/Sewer: 2000/per month


Property Photos:


10751pageavest_louismo63132 offmarket
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Rent Rolls:



Page ave (1)
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Property Map:





"Brick by Brick"





PROMISE LAND REALTY, LLC

Work: 864-762-2509

sarter@promiselandrealtyllc.com

www.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. 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*

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