1108 Bates St - Apartments FOR SALE


Saint Louis, MO 63111- Carondelet
$750,000 USD
618-567-8346
1108 Bates St, Saint Louis, MO for Sale
$750,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

1108 Bates St
Saint Louis, MO 63111
Carondelet


OVERVIEW

12-unit investment property located in the Holly Hills neighborhood, just a short walk from Carondelet Park. This well-maintained 12-unit building is a prime investment opportunity with upside. The property features a mix of 8 one-bedroom/one-bath units and 4 studio apartments, each ranging between 400 to 500 square feet. This is ideal for easy maintenance and consistent tenant demand. 8 of the 12 units have been updated, offering new finishes while still leaving value-add potential through future renovations and rent increases. This property is perfectly positioned for long-term growth. Whether you're expanding your portfolio or entering the multifamily market, this is an opportunity you don't want to miss.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$99 USD /SF

# OF UNITS

12

PRICE/UNIT

$62,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,233 SF

ZONING

F

APN/PARCEL ID

2874-00-0020-0

ASK ABOUT THIS PROPERTY

James AndersonSalient Realty Group LLCMore Info
618-567-8346

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James AndersonSalient Realty Group LLCMore Info
618-567-8346

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.