Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1966
Sq.Footage
21,360
Don't miss this turn-key investment opportunity in St Ann!! 3710-3716 Geraldine is a 32-unit, apartment complex in St. Ann, Missouri. The property consists of two 16 unit buildings with brick exteriors and pitched roofs. The property has had major renovations over the past 3 years and now is fully occupied. All units are 1Bd/1Ba units and are all currently rented for $525/mo. The units are all electric units, and feature: all new vinyl windows, new wood laminate flooring throughout, tiled bathrooms, a breakfast area, refrigerators, stoves, and dual function heating and cooling units. This property is being offered at a 9.44% Cap rate with an incredible 21% Cash on Cash return at list price. These units are highly desired for the area because of the building's close proximity to public transportation, retail shopping, and restaurants.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
21360.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Window Unit(s)
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Assigned
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.98
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Low/1-2
Price
-
Sales Price
$1,250,000
-
Tax Amount
$20,073
-
Sq. Footage
21, 360
-
Price/SqFt
$58
HOA
-
Association
No
School District
-
Elementary School
Buder Elem.
-
Middle School
Hoech Middle
-
High School
Ritenour Sr. High
Property Features
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
St. Louis-MO
Elementary School
Buder Elem.
Middle School
Hoech Middle
High School
Ritenour Sr. High
Listing Courtesy of Brian R Take , Apartment Advisors of America LLC
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FOUNDER
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