$1,995,000
Active
33 Days Online
0 Beds0 Baths0 SQFT
Active
181 Northport Hills Drive Florissant, MO 63033
Incredible opportunity to purchase a package of 18, income-producing condos. All condos are located within the same 56 unit complex. In 2022, the entire complex had all new roofs installed, new parking lot and new complete high efficiency HVAC systems installed in all units. The portfolio provides minimal expenses and tremendous upside to raise rents. In-place Cap Rate - 8.43%, with an opportunity to raise rents to achieve a 9.11% Cap.
- Property TypeCommercial
- NeighborhoodAfshari Estates
- CountySt Louis
- Taxes$12,600
- HOA/Condo/Coop Fees$0
- Days on Site32 Days
- MLS StatusActive
- MLS ID Number24021523
- Home Size Source N/A
- Year Built1984
- Lot Size Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Space/ Unit - 1Guest Parking
- Sewer Public Sewer
- Water Public
- Property Sub Type Multi Family
- Attached Garage No
Interior Features
- Cooling Electric
- Heating Forced Air
- Laundry Features Lndry Connect all Un
Community Features
- Township Florissant
- MLS Area McCluer North
Schools
School District
Ferguson-Florissant R-II
Elementary School
Commons Lane Elem.
Middle School
Cross Keys Middle
High School
Mccluer North High
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Monthly Payment (Est.)
$10,715Copyright ©2024 Information is deemed reliable but not guaranteed.