11 Unit Apartment Building. Well maintained and fully occupied

[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. Each unit had hotel style heating and a/c units installed.

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.

Numerous properties available. Feel free to contact me for more info.

Mark Callicott

[email protected]

5736297092

[Ernesto Hernandez]

I'm super green. What does BPO mean?