5000 Virginia Ave - Apartments FOR SALE


Saint Louis, MO 63111- Dutchtown South
$825,000 USD
314-541-9214
5000 Virginia Ave, Saint Louis, MO for Sale
$825,000 USD
Apartments - FOR SALE
1/38
null | 9.94% Cap Rate

5000 Virginia Ave
Saint Louis, MO 63111
Dutchtown South


HIGHLIGHTS

  • 16-unit value-add opportunity
  • $7,200/month current gross rent
  • Corner lot near transit
  • Upside through lease-up potential

OVERVIEW

Investor special in Dutchtown! 16-unit multifamily with 13 units occupied and current gross rents of $8,350/month through September. Mix of studio and 1-bed units, professionally managed with stable tenant base and upside potential through lease-ups. Corner lot location near public transit and neighborhood amenities. Solid cash flow with room to grow.

FOR SALE DETAILS

PRICE

$825,000 USD

PRICE/SF

$62 USD /SF

# OF UNITS

16

PRICE/UNIT

$51,563

CAP RATE

9.94%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,566 SF

ZONING

F

APN/PARCEL ID

2804-00-0260-0

ASK ABOUT THIS PROPERTY

Dan LawlessWood Brothers RealtyMore Info
314-541-9214

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Dan LawlessWood Brothers RealtyMore Info
314-541-9214

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