St Louis Real Estate Search

Cap Rate

real estate investment analysis

Cap rate is slang for Capitalization Rate, which is the most commonly used metric in the investment property assessment process.   The term relates to the rate with wich a property will pay for itself, and is cacluated with the following formula:

Cap Rate = Net Operating Income (NOI) / Value

 

Otherwise known as a way to quantify the rate of return, typically buyer's are looking for higher cap rates, in the neighborhood of 10-15% .  

5+ Family Investment Properties

$2,000,000
23017086 MLS ⋅ ACTIVE Status
Renovated, occupied and ready for new ownership. Summer 2023 is the perfect time to push the rental rates to $1100 a month! Renovations include new kitchen cabinets, quartz counters, stainless appliances and flooring! New bathrooms with subway tile, flooring, vanity, lighting and more! Complimentary laundry in the basement. Private gated parking lot. This property is surrounded by MILLIONS of dollars of great real estate! Walking distance to the new Fields Grocery Store!

5531 Pershing, St Louis
$3,195,000
23017012 MLS ⋅ ACTIVE Status
Turn key, renovated, and ready for a new for new ownership. 5086-5092 Waterman offers 28 one bedroom/one baths units. Market rents for 2023-2024 should be $1100 a month. Keyless entry on all units. Renovated kitchens with stainless appliances, quarts counters, and flooring. Great location for Washington University and Barnes Hospital students/employees.

5092 Waterman, St Louis
$45,000
2 Beds ⋅ 1 Baths ⋅ 23016533 MLS ⋅ COMING SOON Status ⋅ Granada Condo BLDG.
This upper-level unit overs lots of space and room for storage. Each unit is assigned 1 parking space and a storage unit. Inside you will find a large living room that opens to the kitchen. There is a breakfast bar in the kitchen and a gas range. 2 bedrooms. There is a private balcony. Laundry is available on-site. There is also a pool and clubhouse. Conveniently located near the highway, shops, and public transit. As-is sale

8744 Santa Bella Drive Unit #G, Hazelwood
$419,900
3 Beds ⋅ 2 Baths ⋅ 23014586 MLS ⋅ ACTIVE Status ⋅ Wellington Way Condo BLDG.
Imagine living in this light-filled, top-level condo in the heart of the Moorlands. Only a stone’s throw from coffee shops, restaurants and schools. Sophisticated, stylish and comfortable are just a few words to best describe this pretty unit. Spacious living room with decorative fireplace easily hosts a full suite of furniture. Pretty dining room with corner cabinets leading to a newer custom eat-in kitchen with quartz counter tops and stainless appliances. Character and charm abound with arched doorways, gleaming hardwood floors and loads of built-ins. The floorplan is ideal with two bedrooms and gorgeous bath off the hall whilst a 3rd bedroom and full bath sits at the other end of the unit. In addition to all of this, there is an in-unit laundry, one car assigned garage space and ample storage unit. Include: newer HVAC; insulated windows; all appliances stay, including refrigerator, washer, & dryer and TV in LR. Cartus Relocation Listing.

7529 Wellington Way Unit #3, Clayton
$229,000
2 Beds ⋅ 2 Baths ⋅ 23013334 MLS ⋅ ACTIVE UNDER CONTRACT Status ⋅ Lindells Add 02 BLDG.
This Beautifully updated Upper Level Midrise Double-Unit Condo is CWE living at its best. This beauty has 2 large primary bedroom suites with 2 bathrooms, lots of closet space and in unit laundry. The large family room dining room combo is great for entertaining and has lots of large widows bringing in plenty of natural lighting. The chef's kitchen is the heart of this double en suite home, with skylights and an electric fireplace that makes every night cozy. The complex features doorman, elevators, complex pool & workout room. Playing in the saltwater pool or cooking out on the grills, this is the place to gather friends. 1 assigned garage spot, 1 double storage unit, and SS Appliances with Home Warranty included. In the last two years sellers have updated the carpet in 1 bedroom, flooring in kitchen, live edge bar/counter, induction cooktop, convection/air fryer/microwave oven, instant hot water dispenser, A/C unit, 3 ceiling fans, electric fireplace, and a dedicated workspace.

4355 Maryland Avenue Unit #428, St Louis
$95,000
2 Beds ⋅ 1 Baths ⋅ 23010041 MLS ⋅ ACTIVE Status ⋅ Bridgecrest Estates 2 Condo BLDG.
Recently updated condo for easy living in this 55 and over community. Ground floor entry with convenient parking just a short distance away. Greeted by an open great room and dining area as you enter. Stunning kitchen with granite countertops, new cabinets, and stone tile floor. Renovated bathroom with gorgeous walk in shower. HUGE BONUS: In-unit main floor laundry! Easy maintenance free exterior cared for by the condo association. Close to the great amenities that the Maryland Heights and Bridgeton areas provide such as Westport Plaza and the Bridgeton Community Center. Quiet community tucked away from the busy streets. Come and see it before it is gone!

3137 Roger Williams Drive Unit #A, Bridgeton
$50,000
23011741 MLS ⋅ ACTIVE Status
Outstanding Investment opportunity in the Baden Neighborhood of St Louis City. Here you will find 4 buildings that equal to 6 units on residential housing. 2 Single family Homes and 2 Duplexes. These properties need a significant amount of rehab. Plumbing electrical, HVAC, Roofing etc. These buildings are all right next door to each other. This could be the start of your real estate portfolio or a great addition to it. Make your appointment today!

7931 N Broadway, St Louis
$2,995,000
23009389 MLS ⋅ ACTIVE Status
Amazing location on the corrner Tower Grove and Shaw. 13 2 bd 1 bath units and 4 1bd 1 baths. Exposed brick, hardwood floors, great natural light. Renovations include new custom kitchens with stainless appliances and quartz counters. Updated bathrooms with new showers, vanitys, flooring and fixtures. Ample off street parking for both tenants and guests. Complamentry laundry and storage lockers in the basement. NEW TPO roofs, some new hot water heaters, furnaces, and ac units.

4262 Shaw, St Louis
$649,999
23007647 MLS ⋅ ACTIVE Status
LOOK! Spacious one- & four-bedroom apartments with units individually metered for gas and electricity. This great 18-unit apartment is also convenient to public transportation and offers off street parking in back of building. Investors dream with, means nothing but profit...

8440 N Broadway N, St Louis
$450,000
23008273 MLS ⋅ ACTIVE UNDER CONTRACT Status
These are all true one bedrooms and quite spacious. The building has been updated but is also getting a refresh on a few units that will be rented for $750 each. There is room for value add by moving the remaining units up in rent making the total monthly rent 9000 plus.

8518 N Broadway, St Louis
$6,100,000
23006654 MLS ⋅ ACTIVE Status
One Loop Apartments includes 59 fully renovated apartments, conveniently located a half mile from Washington University's North Campus, and the Delmar Loop. There are 5 total buildings in the complex which have 9 (1) bed units, 13 (2) bed units, and 37 (3) bed units. 146 total bedrooms in the complex. The entire complex is fully renovated – with the last two units currently being completed. The complex is 96% full including 4 pending tenants scheduled to move in. The seller plans to sell the property with all of the apartments completed with 96%+ in occupancy. There is potential to raise the rents to the market rents for a good portion of the units, which could generate an additional $40,000+ annually in revenue. Priced at a 7.99% cap rate. With renovation completed the complex is similar to being new construction, which will keep maintenance and turnover costs low. All electric building. Laundry facility and playground was added. Includes secure gated parking with 76 parking spots.

1135 Hodiamont Avenue, St Louis
$74,900
2 Beds ⋅ 1 Baths ⋅ 23004150 MLS ⋅ ACTIVE Status ⋅ Paddock Lake Condo BLDG.

6470 White Cap Lane Unit #D, Florissant
$510,000
23003449 MLS ⋅ ACTIVE Status
Looking for TURNKEY rental property in Jefferson County? Look no further! Here's a great addition to your investment portfolio. All units updated and/or renovated. Some new A/C's and heaters. Many long-term tenants. New leases going in at $775. All 6 units are 2 BR / 1 Bath. Easy driving distance for commuters from the city with all the charm and serenity of a more rural setting. Residents enjoy large, updated units, with washer/dryer hookups and additional private storage space. The property offers low maintenance ownership, ample parking and plenty of green space for tenant families and pets. Be sure to check out the attached brochure for more details! Update - Fully Occupied - the one vacant unit was filled at $775 within 48 hours of being offered!

2126 Linnus Drive, High Ridge
$750,000
23000902 MLS ⋅ ACTIVE Status
Wow!! Unusual investment opportunity in Rural St Charles County! This 6-town home building & duplex, w/ plenty of land, won't last. The 6 units (with 2 bedrooms and 1.5 Bath), (1 side of the duplex is 1 Bed 1 Bath, 2nd unit is 2 bedroom 1 baths) Please note that there are two parcel id numbers for this 3.4 Acre lot with the 8 Units - 6 town homes and 1 duplex, total of 8 units for sale. Property is fully leased with 1 year leases. The first parcel TAX ID: 5-0033-S027-00-0002.1000000 (account number 875310A000) & The second parcel TAX ID: 5-0033-S027-00-0002.110000 (account number A87001020) total taxes paid for both parcels paid 2021 were $5132. Units 5461,5463,5467,and 5469 - were completely renovated when they were vacated. Updated laundry area/building and added a storage area behind the Duplex and all dead trees were removed. Lagoon and Well has been state and county certified within the past 3 years.

5461 N Hwy 94, St Charles
$900,000
22078444 MLS ⋅ ACTIVE Status
The Bellevue Heights Apartments in Maplewood, is a 13 unit complex just one block North of Manchester Avenue, home to all the amazing restaurants, bars, breweries, local shops and entertainment options that Maplewood is known for. Many locals agree that Maplewood is the most walkable neighborhood in all of St. Louis. The property consists of 12 studio units and one, 1 bed / 1 bath unit. In place rents are significantly below market and provide new owners the opportunity raise rents immediately. With cosmetic updates, market rents for studios are upwards of $900/unit and $1,000+/unit for 1 beds.

2526 Bellevue Avenue, St Louis
$950,000
22031696 MLS ⋅ ACTIVE Status
DONT DISTURB THE TENANTS. This is your chance to own 38 units in St Louis.

5928 Plymouth Avenue, St Louis
$1,650,000
22010877 MLS ⋅ ACTIVE Status
Rare offering of 7.52 acres of land in Olivette on one of the few undeveloped properties in the area. In Opportunity Zone. Excellent location off Olive Blvd with easy access from I-170. Zoned light industrial. Residential and commercial possibilities in Ladue School District.

1290 Dielman Road, St Louis
$79,000
20088161 MLS ⋅ ACTIVE Status
Perched on a hilltop at the end of a quiet street, gently rolling 1.64 acres zoned R-6 multifamily for up to 35 dwelling units. Perfect site for senior apartments! Located in unincorporated St Louis County, street frontage borders the City of Jennings. Sewer and Water mains in the street at the property frontage. Power lines border on 3 sides. Brush has been cleared, visit the site and envision your project! Seller is willing to assist with concept design and initial permit review.”

9125 Sumter, St Louis