2225 Park Ave - Apartments FOR SALE


Saint Louis, MO 63104
$69,392,968 USD
470-577-8206
2225 Park Ave, Saint Louis, MO for Sale
$69,392,968 USD
Apartments - FOR SALE
1/1
null | 8.86% Cap Rate

2225 Park Ave
Saint Louis, MO 63104


HIGHLIGHTS

  • High occupancy rate with new tenant placements happening daily.
  • Substantial cap rate and long-term lease structure.

OVERVIEW

This 226 Home Single-Family Rental Portfolio in the St. Louis, Missouri MSA is offered at a price of $69,392,968 which represents a 8.86% Cap Rate for your investors. The homes in this portfolio are majority actively leased (86% current occupancy rate with new tenant placements happening daily) and the lease structure is a 3-year Lease Purchase. This portfolio represents a valuable investment opportunity with a substantial cap rate and long-term lease structure, providing steady returns. The portfolio consists of a varying array of vintage and price points and a full data tape is available for your review upon execution of a standard Non-Disclosure Agreement.

FOR SALE DETAILS

PRICE

$69,392,968 USD

PRICE/SF

$15,155 USD /SF

# OF UNITS

1

PRICE/UNIT

$69,392,968

CAP RATE

8.86%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2013

PARKING SPACES

-

LAND DETAILS

LAND ACRES

56 AC

LAND SF

2,439,360 SF

ZONING

R-1

APN/PARCEL ID

2266-00-0120-0

ASK ABOUT THIS PROPERTY

Dustin KimberleyKeller Williams North AtlantaMore Info
470-577-8206

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Dustin KimberleyKeller Williams North AtlantaMore Info
470-577-8206

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