3636-3638 Blaine Ave
16 Unit Apartment Building $2,920,050 CAD ($182,503 CAD/Unit) 11% Cap Rate Saint Louis, MO 63110
INVESTMENT HIGHLIGHTS
- can be sold individually but like to sell the package
- owner is retiring and is motivated
EXECUTIVE SUMMARY
I am selling multiple properties in Saint Louis up coming area of West End and Central West End, Tower Grove and Soulard area. They are 2 families are 4 families. They have been rehabbed completely or update in the last 6 months to 4 years.Most of them are rent and some are in the process of being rented.
These are NOT Fixn n Flip properties.
These are turn key key operation units.
Some tenants are section 8 tenants
Properties:
5918-5920 Maple Ave Saint Louis MO 63112. 2 family
5343 Vernon Ave MO 63112. 4 family
5946-5948 Plymouth Ave. MO 63112. 2 Family
4263 Enright Ace MO 63108. 2 Family
3636-3638 Blaine Ave MO 63110. 2 Family
1823-25 S 10th St. MO 63104. 4 family
Total. 16 Units
These are NOT Fixn n Flip properties.
These are turn key key operation units.
Some tenants are section 8 tenants
Properties:
5918-5920 Maple Ave Saint Louis MO 63112. 2 family
5343 Vernon Ave MO 63112. 4 family
5946-5948 Plymouth Ave. MO 63112. 2 Family
4263 Enright Ace MO 63108. 2 Family
3636-3638 Blaine Ave MO 63110. 2 Family
1823-25 S 10th St. MO 63104. 4 family
Total. 16 Units
PROPERTY FACTS
| Price | $2,920,050 CAD |
| Price Per Unit | $182,503 CAD |
| Sale Type | Investment |
| Cap Rate | 11% |
| Gross Rent Multiplier | 7.2 |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Lot Size | 0.11 AC |
| Building Size | 3,400 SF |
| No. Stories | 2 |
| Year Built | 1950 |
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CONTACT
-
Narinder Makkar - Lending Loft, Inc.
