5744 Pershing Ave - Apartments FOR SALE


Saint Louis, MO 63112- Skinker DeBaliviere
$1,395,000 USD
314-451-7471
5744 Pershing Ave, Saint Louis, MO for Sale
$1,395,000 USD
Apartments - FOR SALE
1/29
null | 6.24% Cap Rate

5744 Pershing Ave
Saint Louis, MO 63112
Skinker DeBaliviere


HIGHLIGHTS

  • Beautiful, Renovated 8-Unit Building
  • All Two Bed, One Bath Units
  • Near Wash U, Delmar Loop, Clayton, Forest Park, etc
  • In-Unit Laundry and Central HVAC in all Units
  • Fully Updated Systems - Electrical, Plumbing, Central HVAC
  • Room to Raise Rents

OVERVIEW

SRG is pleased to offer 5744-5750 Pershing Ave to the market for sale. The property is a premier eight-unit multifamily property is only minutes to Downtown Clayton, close to Washington University, and a couple minute walk to Forest Park and all its amenities. All units are two bed, one bath units. The property underwent a complete gut rehab in 2003 and additional renovations in 2021 including condo quality finishes, upgraded kitchens, bathrooms, flooring and in-unit laundry. All sewer, electrical, HVAC, and plumbing systems have been modernized. In place rents have plenty of room to be raised which can further enhance returns.

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$139 USD /SF

# OF UNITS

8

PRICE/UNIT

$174,375

CAP RATE

6.24%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5744-5750 Pershing Ave.

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1916

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,891 SF

ZONING

D

APN/PARCEL ID

5522-00-0370-0,5522-00-0380-0

ASK ABOUT THIS PROPERTY

Garen LafserSalient Realty Group LLCMore Info
314-451-7471

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Garen LafserSalient Realty Group LLCMore Info
314-451-7471

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