Multifamily Investment Opportunity
Price
1,200,000
12 Unit Apartment Building
Great opportunity to invest in the City Of St. Louis, MO. 5437 Page Blvd, St Louis is a 12 units building well located in a fast growing zone. The building has been totally renovated, including furnaces, air conditioner, floors, bathrooms, kitchens, roof and much more. This property is fully occupied with well paying tenants. Current Rents range from USD 850 to 925 All tenants are paying their own utilities. Please submit all offers to sarter@promiselandrealtyllc.com
Gross Income: $129,000.00 (12 units – estimate with an average rent per unit of USD 900) Utilities /contingencies: $5,000.00 (Estimate based in last year expenses, because all tenants are paying the utilities) Property Management: USD 12,900.00
Insurance: $8,500.00 Annual Property Tax: $3,500.00 Net Income: $99,000.00
Property Map
Property Docs:
"Your #1 Source for Off Market Investment Properties, NATIONWIDE"
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*
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