3911 Castleman Ave - Apartments FOR SALE


Saint Louis, MO 63110- Shaw
$895,000 USD
314-451-7471
3911 Castleman Ave, Saint Louis, MO for Sale
$895,000 USD
Apartments - FOR SALE
1/11
null | 6.7% Cap Rate

3911 Castleman Ave
Saint Louis, MO 63110
Shaw


HIGHLIGHTS

  • Beautiful, Renovated Historic 6 Unit Building
  • Solid In-Place Rents w/ Room to Raise to Market
  • In-unit Laundry and Central HVAC in All Units
  • Fully Updated Systems - Electrical, Plumbing
  • Near SLU, Tower Grove Park, Botanical Gardens, etc
  • All Two Bed, One Bath Units

OVERVIEW

Prime investment opportunity in the heart of the Shaw neighborhood with close proximity to SLU, Tower Grove Park, The Botanical Gardens and many wonderful dining and entertainment options. This beautifully renovated building features six renovated units. All units have in-unit laundry and central HVAC. The building has updated electrical, plumbing and HVAC systems. Rents are stabilized but have significant upside if a new owner decides to do some cosmetic updates.

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/SF

$213 USD /SF

# OF UNITS

6

PRICE/UNIT

$149,167

CAP RATE

6.7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Florinda Court 6

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1911

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,215 SF

ZONING

R3

APN/PARCEL ID

4944-00-0210-0

ASK ABOUT THIS PROPERTY

Garen LafserSalient Realty Group LLCMore Info
314-451-7471

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

Garen LafserSalient Realty Group LLCMore Info
314-451-7471

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