314-451-7145
2500 S 18th St, Saint Louis, MO for Sale
Apartments - FOR SALE
1/14
null | Request Cap Rate

2500 S 18th St
Saint Louis, MO 63104


HIGHLIGHTS

  • Great investment opportunity in the highly desirable Soulard Neighborhood
  • 22 units - Great unit mix
  • Stabilized with an opportunity to raise rents
  • Currently 95% occupied
  • Annual TIF income through 2026 of ~$31,160.00

OVERVIEW

Salient Realty Group is pleased to present this prime investment opportunity located in the heart of Soulard. The Cloisters is a remarkable 34,288 SF building with 22 units. The historic charm of this 1886 property is complemented by its prime location in the vibrant Saint Louis area. The property consists of 22 apartments with a mixture of one, two and three bedroom units. The apartments include spacious floor plans with hardwood floors throughout and washer/dryer in-unit. All systems are modernized and has central HVAC throughout. The complex also provides a workout facility and pool as additional amenities for tenants. Reach out to Broker for more information!

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

22

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cloisters Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1886

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,265 SF

ZONING

D

APN/PARCEL ID

0878-18-0010-0

ASK ABOUT THIS PROPERTY

Tim McCarthySalient Realty Group LLCMore Info
314-451-7145

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Tim McCarthySalient Realty Group LLCMore Info
314-451-7145

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