4269-4271 Bates St - Apartments FOR SALE


Saint Louis, MO 63116- Bevo Mill
$925,000 USD
314-451-7145
4269-4271 Bates St, Saint Louis, MO for Sale
$925,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

4269-4271 Bates St
Saint Louis, MO 63116
Bevo Mill


HIGHLIGHTS

  • 8/10 Units are Fully Updated
  • Located in Bevo Mill near Holly Hills
  • Modernized Electric and Plumbing
  • Central A/C
  • 100% Occupancy w/ Room to Raise Rents to Market

OVERVIEW

Salient Realty Group is pleased to present this meticulously maintained 10-unit building located in Bevo Mill. 4269 Bates Street is a well-kept brick multifamily building located on a quiet corner in South St. Louis. The property features ten, 1 bedroom/1 bath units with a simple, efficient layout and strong rental appeal. 8/10 units have been updated with new: LVP flooring, cabinets, kitchens and vanities. It’s situated in a stable neighborhood with long-term residents and consistent occupancy. Nearby green spaces like Carondelet Park and essential amenities provide added value for tenants. With easy access to I-55 and major surface streets, commuting around the city is straightforward. This is a low-maintenance building in a convenient and livable part of town.

FOR SALE DETAILS

PRICE

$925,000 USD

PRICE/SF

$147 USD /SF

# OF UNITS

10

PRICE/UNIT

$92,500

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

1988

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

8,999 SF

ZONING

F

APN/PARCEL ID

6263-00-0180-0

ASK ABOUT THIS PROPERTY

Tim McCarthySalient Realty Group LLCMore Info
314-451-7145

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Tim McCarthySalient Realty Group LLCMore Info
314-451-7145

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