1545 W Main St - Apartments FOR SALE


Festus, MO 63028
$1,150,000 USD
314-662-6453
1545 W Main St, Festus, MO for Sale
$1,150,000 USD
Apartments - FOR SALE
1/10
null | 8.97% Cap Rate

1545 W Main St
Festus, MO 63028


OVERVIEW

14-unit building featuring 10 two-bedroom units and 4 one-bedroom units. This property is an excellent income-generating investment opportunity. Located within the Festus city limits, it is conveniently within walking distance of a school and a daycare next door. The building includes coin-operated washers and dryers, private storage units for each tenant in the basement, and an office with a bathroom for added functionality.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$136 USD /SF

# OF UNITS

14

PRICE/UNIT

$82,143

CAP RATE

8.97%

% LEASED

93%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

CT1

APN/PARCEL ID

18-1.0-12.0-0-002-005

ASK ABOUT THIS PROPERTY

Mike ShepherdInvest St. Louis, LLCMore Info
314-662-6453

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Mike ShepherdInvest St. Louis, LLCMore Info
314-662-6453

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.