5001 S Grand
St Louis, MO 63111

Description

Investors take notice of this 16 residential unit and 3 commercial building located next to St. Mary's High School. Fully occupied with market and subsidized (predominantly VA) tenants. All tenants have been hand picked and thoroughly screened by the Seller. Great income with the majority being guaranteed Building includes a brand new high efficiency boiler with sensors in every unit that allow the owner to manage the output. All new vinyl windows and many updated sub panels. New interior lighting that can either be set on a timer or with motion detection. Property is listed at an 8.75% Cap Rate with 14.25% Cash on Cash with upside to increase rents. Showing on Thursday, March 21st. Call listing agent to schedule a time or with any questions you may have. Offer Memorandum and rent roll provided upon request. Offers only by Special Sales contract with bank pre approval.

Details

MLS#19016412
Sub-TypeResale
StatusActive
Year1930
Days On Site6

Features

SQ Feet13,226
Building(s)1

Market Activity 63111

Loading Form

Loading Form

Area Information

StateMO
CountySt Louis City
CitySt Louis
Zip Code63111
AreaSouth City
Listing VS Median (in 63111)
Price:
$824,900
low | high
Med:
$89,000
100% of Average
SqFt:
13,226
low | high
Med:
1,173
100% of Average
$ / SqFt:
$62
low | high
Med:
$76
28.348012319456% of Average
On Site:
6
low | high
Med:
29
20.689655172414% of Average
Listing Updated: 03/19/2019
MLS Number: 19016412
Listing Provided By:
Nicholas Smyrniotis  of  Apartment Advisors of America