• Broker Narinder Makkar 8582121400
Lending Loft, Inc.

3636-3638 Blaine Ave

16 Unit Apartment Building $2,899,071 CAD ($181,192 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

PROPERTY FACTS

Price $2,899,071 CAD
Price Per Unit $181,192 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

Map of 3636-3638 Blaine Ave Saint Louis, MO 63110

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