Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2010
Sq.Footage
39,000
Rare opportunity to acquire a 39-unit apartment package located in a premier Class A area of St. Louis County. Built in 2011, this well-maintained asset offers modern construction, strong in-place income, and operational simplicity with all-electric units. The property is currently generating over $50,000 per month in gross rental income, providing immediate cash flow in one of the most desirable rental corridors in the county. Built with long-term durability in mind, the all-electric design minimizes maintenance complexity and utility infrastructure concerns. Situated in a highly sought-after location known for strong tenant demand, stable demographics, and continued growth, this asset presents an ideal opportunity for investors seeking a newer vintage property with consistent performance and upside potential.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
39000.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Forced Air, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Vinyl Siding
-
Parking
Open, Parking Lot
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Traditional
Price
-
Sales Price
$5,100,000
-
Sq. Footage
39, 000
-
Price/SqFt
$130
HOA
-
Association
Yes
-
Association Fee
$265
-
Association Fee Frequency
Monthly
-
Association Fee Includes
N/A
School District
-
Elementary School
Trautwein Elem.
-
Middle School
Washington Middle
-
High School
Mehlville High School
Property Features
-
Association Amenities
Other
-
Senior Community YN
NO
-
Water Source
Public
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Location
County
St. Louis
Elementary School
Trautwein Elem.
Middle School
Washington Middle
High School
Mehlville High School
Listing Courtesy of Jordan Cooper , Exit Elite Realty
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