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Updated over 6 years ago,
53 Single Family Rental Properties
● Asking Price - $3,970,000
● Annual Rent - $546,180 (@ 100% Occupancy)
● Annual NOI - $394,720
● 3-4 bedroom homes. (2 two-bedroom homes)
● Will be 95%-100% occupied by closing.
● 25% Section 8 or subsidized rental vouchers and 75% market rate tenants
● Professionally managed
● All tenants are screened and must meet income qualifiers and background checks
All remodeled within past 2 years.
Just finishing the install of 20 brand new A/C units. Many of the homes have newer roofs, HVAC, and water heaters. Upgrades in most of the homes include 18" ceramic tile in kitchen and bathrooms, tile shower surrounds, new vanities and toilets, new cabinets with granite countertops. I would estimate that half of the properties have appliances that are new within the past 18 months. Many of the properties have new electrical panels and sewer stacks within the past 2 years. All properties are located in North County, Saint Louis within 10-15 minute drive of each other. Very easy to manage.
Kyle Pittman
Uptown Realty LLC
Designated Realtor ® , Broker
MO Lic#: 2016007425
480-298-0637