Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1976
Sq.Footage
21,780
Very rare opportunity to acquire 28 rental condos in Ladue school district*most units have had interior upgrades completed*17 one bed and 11 two bed units*Offered at an attractive package price of $65,000 per condo*28 condos in a 54 unit condo complex, giving the investor controlling interest (51%) over the condo association*Rents are low and can easily be increased based on immediate surrounding rent comps, such that these rental units could be performing at/above 8% cap rate*Qualified investors only - no showing without proof of at least 25% liquid funds prior to appt. When's the last time you saw a rental property offered for sale in Ladue School District???
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
21780.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Forced Air, Varies by Unit
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick Veneer, Frame, Vinyl Siding
-
Parking
Assigned, Open, Parking Lot
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
1.76
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Low/1-2
Price
-
Sales Price
$1,825,000
-
Tax Amount
$21,909
-
Sq. Footage
21, 780
-
Price/SqFt
$83
HOA
-
Association
Yes
-
Association Fee
$5,195
-
Association Fee Frequency
Monthly
-
Association Fee Includes
N/A
School District
-
Elementary School
Old Bonhomme Elem.
-
Middle School
Ladue Middle
-
High School
Ladue Horton Watkins High
Property Features
-
Ownership
Private
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
St. Louis-MO
Elementary School
Old Bonhomme Elem.
Middle School
Ladue Middle
High School
Ladue Horton Watkins High
Listing Courtesy of Paul J Cunningham , RE/MAX Results
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