2002 Obear Ave - Apartments FOR SALE


Saint Louis, MO 63107- College Hill
$7,250,000 USD
816-801-9099
2002 Obear Ave, Saint Louis, MO for Sale
$7,250,000 USD
Apartments - FOR SALE
1/19
null | 10.43% Cap Rate

2002 Obear Ave
Saint Louis, MO 63107
College Hill


OVERVIEW

Well-cared for clean, quiet, 1989 buildings in a stable neighborhood. All electric, individually metered, separate water heaters. Units are large mix of townhomes and garden style average square footage 1,000+. Improvements made: New windows, new appliances, updated kitchens, updated baths, new carpet and/or vinyl and paint in every unit. Occupancy is 85%. Owner is motivated and willing to pay a 3% commission to represented buyers.

FOR SALE DETAILS

PRICE

$7,250,000 USD

PRICE/SF

$51 USD /SF

# OF UNITS

145

PRICE/UNIT

$50,000

CAP RATE

10.43%

% LEASED

85%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

College Hill Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1987

PARKING SPACES

145

LAND DETAILS

LAND ACRES

6 AC

LAND SF

261,360 SF

ZONING

B

APN/PARCEL ID

2477-00-0185-0

ASK ABOUT THIS PROPERTY

Chris HawleyAcorn ResidencesMore Info
816-801-9099

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

Chris HawleyAcorn ResidencesMore Info
816-801-9099

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