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618-277-4400

16 Unit Multi-Family Complex

$389,000

Listing Resources

Listing Description

Multi-Family Investment

16 Unit Complex – (8) 2 Bed/1 Bath Units – (8) 1 Bed/1 Bath Units.

Close proximity to major roadways and downtown St. Louis.

Attractive Capitalization Rate – Strong Cash Flow.

Sale Price: $389,000
NOI: $46,786
CAP Rate: 12%

Listing Details

Settings
Listing No : 2447
Sale Or Lease : For Sale
Property Type(s) : Investment, Multi-Family
Sale Price : $389,000
CAP Rate : 12%
NOI : $46,787
Parcel No : 01350305041/42
Zoning : R2
Zoning By : Cahokia
Property Tax : $14,354
Tax Year : 2020
Year Built : 1984
Roof : Shingle/Pitched
Exterior : Brick
Floors : 2
Gross Rental Income : $93,540
Insurance : $4,224
CAM : $4,420
Utilities : $17,208
Property Management : $6,547

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