Cap Rate in Investment Properties

2 Beds ⋅ 2 Baths ⋅ 22073850 MLS ⋅ ACTIVE Status ⋅ Brandy Mill BLDG.

Located in the heart of High Ridge this condo has 2 bedrooms and 2 full bathrooms. Main floor unit! Painted Walls & Carpets Cleaned! Some of the features include: In-unit laundry (washer and dryer to stay) open floor plan, carpet and laminate flooring, ceiling fans, a walk-in closet in the master bedroom. Kitchen comes complete with a refrigerator, electric stove, microwave, and dishwasher. Master bedroom has a walk-in closet, private bath with seated shower and extended vanity top. Amenities of the complex include in-ground pool, tennis court, and basketball court. Great location within walking distance to grocery shopping & restaurants! The appliances and washer and dryer are staying with this Unit. Don't miss the storage room located off the back porch. VA, Conventional or cash, no FHA financing at this time.

155 Brandy Mill Circle Unit #27B, High Ridge

$45,900

1 Beds ⋅ 1 Baths ⋅ 22067933 MLS ⋅ ACTIVE Status ⋅ Hazelcrest Condo BLDG.

Great Opportunity to OWN AN AFFORDABLE place to live ! This one bedroom condo does need a little TLC, but primarily just cosmetics. Would make a great rental property or just a great place to do some good cheap living. The building recently put a new roof on building. Designated parking area. Easy access to 270 yet tucked away in quiet court.

7598 Hazelcrest Drive Unit #C, Hazelwood

$925,000

22072328 MLS ⋅ ACTIVE Status

Rare opportunity to purchase and renovate three buildings with twelve total units just minutes from Highway 55 in Arnold. Average rents in the area for 2 bedroom, 1.5 bathroom apartments exceed $1,100/m, but current rents across the occupied units average less than $800 per month. Potential to add a one bedroom apartment to the basements of each building. Option to finance with three conventional loans or one commercial loan. Sellers will consider offers for individual buildings. Please do not disturb tenants. Sold as-is. Additional information and photos available. Duplicate listing of the three separate buildings: MLS listings 22072324, 22072275, and 22072328.

25 Crosswinds Drive, Arnold

$70,000

1 Beds ⋅ 1 Baths ⋅ 22052091 MLS ⋅ ACTIVE UNDER CONTRACT Status ⋅ Plaza Square Blu BLDG.

Location, Location, Location! This wonderful penthouse unit is in the heart of downtown STL, only a few blocks from Union Station, the new MLS soccer stadium and Wash Ave. restaurants etc. From the living room and balcony, the new owner will have a beautiful view of the Arch and at night can enjoy the glowing lights of the Ferris Wheel from the bedroom window. This 1-bed, 1-bath unit has granite countertops, a built-in desk space, some updates throughout and comes with all kitchen appliances and a stackable washer and dryer, in the unit. The building features a ton of amenities including 24-hour door staff, security, a fitness center, an outdoor terrace with gas grills for entertaining, a community rec room with games and Wi-Fi, bike storage and so much more! The condo comes with an assigned, covered parking space in a gated lot and a private storage closet, adjacent to the apartment. All you need to do is move-in. The unit is being sold As-IS. Don't miss this opportunity!

210 N 17th Street Unit #1412, St Louis

$139,900

2 Beds ⋅ 1 Baths ⋅ 22068133 MLS ⋅ ACTIVE Status ⋅ Paramount Condo Bldg 4 BLDG.

Welcome to unit 1131 of olive village court. Unit is equipped with 42 inch cabinets with granite countertops. stainless steel appliances. Kitchen dining combo. Close to hwy 170. Ladue school district. Condo is located in a rapidly developing area with Costco on the way along multiple new construction all happening on Olive. Condo is on the ground floor. Condo is rentable which is also stated in the bylaws.

1131 Olive Village Court, Olivette

$595,000

22065362 MLS ⋅ ACTIVE Status

WOW! Great investment opportunity. This building has 5 apartments and a large commercial space on the ground floor. All apartments are currently rented and there a 3/2bedroom 1.5 bath units and 2/3 bedroom 1.5 units. All apartments are townhouse style and have had extensive updates. The commercial unit has been rehabbed with new flooring and interior paint and is ready to rent out. You can't beat the location right at I-55 and Bayless for great commuting and close to shopping, bike trails, restaurants. Rents are currently lower than market rents for the area. The front parking lot has ample spaces for all apartments and commercial unit.

4008 Bayless Avenue, St Louis

$2,100,000

22065361 MLS ⋅ ACTIVE Status

The Renaissance Apartments, located across from the Streets of St. Charles is the ideal location. Residents have dining, shopping and entertainment footsteps from their front door. Each occupant has a guaranteed parking spot with a guest parking spot included. Courtyard area to spend time outside. Perfect time to for this expanding St. Charles neighborhood. Note: addresses included- 1650 S 5th Street, 456 San Juan, 454 San Juan, 438 San Juan, 440 San Juan

1650 S 5th Street, St Charles

$1,499,000

22064551 MLS ⋅ ACTIVE Status

Ashby Heights Apartments is a 20-unit apartment complex property at 3225-33 Ashby Rd, in St. Louis, Missouri. Ashby Heights offers a tremendous value add opportunity with a proven cosmetic update plan. 6 of the 20 units have already been updated and are experiencing incredible demand from the rental market. Ashby Heights Apartments has an in place cap rate of 7.03% and once the cosmetic update plan has been completed, an 8.40% unlevered yield on cost ($1,499,000 purchase + $9,000 x 14 units = $1,625,000 total cost). The property offers abundant off-street parking (+/- 25 spaces). A new coin operated laundry room has been added to the basement to serve non-updated units while the renovation plan is executed. All units have central air conditioning and heat. The property has walk out basements that provide an option for an owner to offer storage to tenants for additional income.

3225 Ashby Road, St Ann

$175,000

22063719 MLS ⋅ ACTIVE Status

6-unit apartment complex. Selling as-is, but has so much to offer! All new roof, tuck-pointing, plumbing, electric, windows, baseboard heaters ready for install, hot water heaters, flooring installed and ready for completion in some units, and paint throughout. Updates to bathrooms, some with new shower units. Historic staircase and trim has been preserved. Rentals are hard to come by, so come live in one unit and rent out the rest! Begin your dream of passive income, come see today!

220 S 4th Street, De Soto

$1,595,000

22063509 MLS ⋅ ACTIVE Status

AMAZING VALUE-ADD OPPORTUNITY - 16 UNITS, 2 BUILDINGS IN THE PRINCETON HEIGHTS NEIGHBORHOOD OF ST. LOUIS, MO! This garden-style property features 14 one bedroom one baths and 2 two bedroom one bath apartments. Unit upgrades have recently been completed to all units including kitchen/bathroom remodeling and fresh paint. These upgrades provide immediate value-add opportunity through rent increases and utility charge-backs. Each building contains a basement with coin-operated laundry and storage units for tenants. The property is located at a highly-visible South City intersection surrounded by a vibrant business district brimming with local shops, eateries, cafes, restaurants, parks, and more. Very large units - 800 sf one bedrooms and 900 sf two bedrooms offer a chance for owner to raise rents to the avg $1.31 per sf for surrounding neighborhood. New leases for $950 (1BR/1BA) and $1025 (2BR/1BA) starting in October giving new owner proof-of-proforma rents!

6265 Gravois Avenue, St Louis

$775,000

22061255 MLS ⋅ ACTIVE Status

This all brick, 7000+sqft 6 family in the heart of Soulard has a massive gated backyard and endless potential. All 6 units are currently rented, bringing in $6,476 in September (and rents are below market). AirBnB some or all 6 units for maximum cashflow (Soulard is the best STR area in STL). Renovate some or all units to increase property value + rents. Add off-street parking by taking from the backyard or turn the backyard into an oasis. All units have hardwood floors, soaring high ceilings & lovely historically accurate details throughout. There was a new roof put on in 2020, a concrete patio was added in 2022, ask about other recent upgrades. This property is less than a half mile from Anheuser Busch, 3 minutes to downtown, and walking distance to the numerous Soulard bars. There is an opportunity to add an ADDITIONAL UNIT in the attic- the last 3 pics. The adjacent lot is not included in this purchase but the sellers are open to selling/ packaging.

2419 Menard Street, St Louis

$347,400

22056704 MLS ⋅ ACTIVE Status

Excellent near turnkey opportunity. Three units have recently been made ready and are on market to be rented asap. Find tenants yourself at this price point and receive a 10.3% cap rate. Once fully occupied there will be an adjusted price point. Brand new roof with 20 year warranty! Sewer on 4260/4262 side is open and in serviceable condition, 3119 Chariton may not have been inspected. Inspections are available, please request them. Building is managed and can stay in place. Make this your cash cow! Ask your favorite agent for the supplemental documents which will have links to detailed information.

4260 Michigan, St Louis

$725,000

22052888 MLS ⋅ ACTIVE Status

Apartment complex being offered with 2 additional vacant lots included in sale. Apartment complex has 2 buildings each building with 6 units (12 total units) Each unit has 2 bedrooms, 1 full bath, kitchen/dinning combo, good size family room and hook up for washer/dryer. Units are approximately 700 to 750 sq ft Each unit has 2 parking spaces. Some units are currently rented, some are vacant and Some need updating. 2114 Linnus Building 33 & 34 sits on .74 of an acre. Lot 35 is .21 of an acre and is corner lot next to the complex. Lot 14 is .29 of an acre and is on the opposite side of rd a few lots down from the complex. Property being sold as is. Seller will be no inspections, repairs or occupancy permits prior to sale.

2114 Linnus Drive, High Ridge

$1,700,000

22041150 MLS ⋅ ACTIVE Status

24- 2 bedroom and 11/2 bath townhomes, 100% occupied, 900 sq ft. located off St Charles Rock rd right behind the Breckenridge police station! Each unit has forced heat and central air, updated kitchens and baths, and newer thermal windows.

3510 Glentown, St Louis

$120,000

22029268 MLS ⋅ ACTIVE Status

Double lot in prime city location in the middle of many new builds that are $400,000 plus!

2723 Rutger Street, St Louis

$1,026,000

22031696 MLS ⋅ ACTIVE Status

DONT DISTURB THE TENANTS. This is your chance to own 38 units in St Louis.

5928 Plymouth Avenue, St Louis

$1,100,000

22013332 MLS ⋅ ACTIVE Status

This 13.87 acre residential lot is the perfect opportunity for a new development site located in North County in St. Louis, MO. The site consists of 3 parcels totaling 13.87 acres. Zoned as (R-3) residential, the site lends itself well to a new single-family subdivision. The site is mostly level with all utilities stubbed in at the site. With a 600' of frontage on Parker Road.

1930 Parker, 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

Cap Rate

5+ Family Investment Properties