4 MULTI FAM PACKAGE WASH U STUDENT LIVING FOR SALE 7.7%+ CAP RATE

St. Louis County, St. Louis, MO, 63137
Sold
Listed at: July 7th, 2023
Price
$2,399,999
ARV
$3,000,000
Gross Margin
$600,001
Sq. Footage
16000
Type
Multifamily
Parking
Assigned
Year build
1925
Lot size
acres
Bedrooms
32
Bathrooms
16
Half Bathrooms
0
Summary

Attention Multi-fam Investors in St.Louis area!

Quadplex located in a highly desirable

location. Less than one mile from the

prestigious school of Washington

University in St.Louis, the Delmar

Loop, and Forest Park.


Central to St.Louis with easy access to

Barnes Jewish Hospital, Central West

End, Downtown Clayton, and

numerous other popular destinations.

Vacancy is almost non-existent as

there is always a steady floor

university renters whether they are

students, faculty, or staff.


In addition, the area is prime for short

term vacation rentals or for

traveling/seasonal workers.

Sale will include all Appliances, Coin

operated washers/Dryers, Furniture


It's rare to find such buildings

available for sale!

-New Roof on all Buildings and updated HVAC

-This is a portfolio of 4 quadplexes located near the University of Washington

-Rented out per bedroom

-16 doors all 2 bed 1 bath

-Property is in great condition buy and start cash flowing!!

-Built in 1925

-Only asking 2.4MM

-Net operating income $186,984 (cap rate above 7%+)

-Excellent buy and hold and will always have 100% occupancy

-Message me for addresses and financials

-Looking to make a decision by thursday of this week

Message me if you invest in Multi-family nationwide and to sign up for our buyers list

🔥Contact me today at 586-556-1365 to set up a walk through and to submit your highest and best offer🔥


BUYERS ARE REQUESTED TO DO THEIR OWN DILIGENCE ON THIS PROPERTY. YOU MUST VERIFY ALL INFORMATION PROVIDED INDEPENDENTLY.
● Buyer pays all closing costs
● Get in touch with us now!
NOTE: YOU ARE STRICTLY PROHIBITED FROM CONTACTING ANY SELLER.
Make an Offer: Submit your offer and information at the top of this screen by clicking "Make an Offer".
Contract: A contract will be delivered electronically once an agreement has been made and must be executed by Final Buyer within 24 hours. Once the contract is signed, we will introduce you to our third party Title Company we use who will help facilitate the closing process.
Earnest Money Deposit (EMD) must be wired to the Title Company within 1 day of Contract signing.
Closing Costs: End Buyer will pay all closing costs and will be outlined on the final settlement statement of the deal. 


💪 YOU CAN CLICK THE 🙌 WIN IT NOW BUTTON AND AVOID ALL THE BIDDING (WHICH WILL HAPPEN ON THIS DEAL) AND 🔐 LOCK IT DOWN RIGHT NOW 💥


Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Dominic Lafata

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Disposition manager