11 Unit Apartment Building. Fully Occupied. 10.1% Cap

[Mark Callicott]

11 Unit Apartment Building

5622 W Florissant St Louis, MO Fully Occupied and Well Maintained Asking $298000 Grossing $4550 monthly 10.1% Cap BPO just completed at $375000 Priced below value for a quick sale
All units are 1 bedroom with long term tenants. On a major road, easy to rent. Roof is 1 year old. Brick is in very good condition with no cracking or tuckpointing needed. A small clinic was just built next door. The units are all electric and are separately metered.  Bring in a buyer who can close quickly and I will pay a $15000 joint venture fee. Or I would reduce the price by $15k if dealing direct with a buyer.   Here is a link to the property info https://1drv.ms/f/s!An_-7RiLhU5hwAnFpa_P_V24z0_F
Numerous properties available. Feel free to contact me for more info. Mark Callicott 5736297092 [email protected] www.investSFR.com