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:
Rent Rolls:
Property Map:
"Brick by Brick"
PROMISE LAND REALTY, LLC
Work: 864-762-2509
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*