HIGHLIGHTS
- Cash-Flowing Multifamily Asset – Four income-producing units with in-place rents and immediate revenue generation
- Built-In Rent Upside – Seller reports current rents approximately $100 below market, with market rents projected at $750–$850 per unit
- Stabilized Rental Location – Located in an established St. Louis rental pocket with consistent tenant demand and long-term investor appeal
OVERVIEW
This asset presents a compelling value-add play: current rents under market provide immediate cash-flow upside. Leverage the rent roll and adjust leases to market rates post-closing to significantly increase net operating income. Buyers with a focus on rental growth and cash-flow improvements can see alignment with return targets.
FOR SALE DETAILS
PRICE
$160,000 USD
PRICE/SF
$44 USD /SF
# OF UNITS
4
PRICE/UNIT
$40,000
CAP RATE
Request Cap Rate
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
INCOME PRODUCING - VALUE ADD QUADPLEX
PROPERTY TYPE
Multi-Family
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1935
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
5949-00-0070-0
ASK ABOUT THIS PROPERTY
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732-757-6393
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732-757-6393
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
