Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1964
Sq.Footage
28,028
RARE OPPORTUNITY TO OWN 32 UNITS IN SOUTH COUNTY! Watson Village is a garden-style apartment 21,296 sf community situated on 1.05 acres. With considerable renovations completed in 2015 and more recent capital expenditures, Watson Village is a turnkey property with immediate value-add opportunity through rent increases and utility charge-backs. 28 out of 32 units underwent extensive renovations in 2015. The 4 remaining units have plans drawn up with an architecture seal, leaving an investor w/ potential value-add through future upgrades. Located in the village of Marlborough, Watson Village is surrounded by a host of retail shopping, big box stores, and dining options. No occupancy permits required, which means no inspection b/t turnovers). It's less than two miles from Webster University and five miles from Fontbonne University. It's centrally located w/in minutes to I-44, I-270, and I-64. It is seven miles south of Downtown Clayton and 11 miles southwest of Downtown St. Louis.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
28028.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Central Air, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Natural Gas, Forced Air, Varies by Unit
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Other Exterior Features
Balcony
-
Parking
Assigned, RV Access/Parking, Guest, Open, Parking Lot, Unassigned
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
1.046
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Low/1-2
Price
-
Sales Price
$3,650,000
-
Tax Amount
$18,887
-
Sq. Footage
28, 028
-
Price/SqFt
$130
HOA
-
Association
No
School District
-
Elementary School
Gotsch/Mesnier
-
Middle School
Rogers Middle
-
High School
Affton High
Property Features
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
St. Louis-MO
Elementary School
Gotsch/Mesnier
Middle School
Rogers Middle
High School
Affton High
Listing Courtesy of Corey M Egan , CBRE Inc.
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