5225 Southwest Ave - Apartments FOR SALE


Saint Louis, MO 63139- The Hill
$1,600,000 USD
618-567-8346
5225 Southwest Ave, Saint Louis, MO for Sale
$1,600,000 USD
Apartments - FOR SALE
1/14
null | 7.41% Cap Rate

5225 Southwest Ave
Saint Louis, MO 63139
The Hill


HIGHLIGHTS

  • 14 Updated Units on The Hill
  • Freshly Renovated Units
  • Updated Utility Systems
  • Rents Well Below Market
  • 93% Occupied

OVERVIEW

5225 Southwest Avenue is a 14-unit multi-family investment property located in the Hill neighborhood. The building, known as Marie Tower Apartments, consists of eight one-bedroom units and six two-bedroom units across two stories. Recent renovations include updated systems and interior finishes such as hardwood and tile flooring, stainless steel appliances, and central air conditioning. The property includes off-street parking for residents and on-site laundry hookups in several units. With a total interior area of approximately 14,991 square feet, the building is currently positioned as a stabilized asset with rents trending below current market rates.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$160 USD /SF

# OF UNITS

14

PRICE/UNIT

$114,286

CAP RATE

7.41%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Marie Tower Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,772 SF

ZONING

F

APN/PARCEL ID

4072-06-0240-0

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 Notice.