Studio · 37,584 sq.ft.
There are 3 properties (50 units total) being offered as a package. All are beautiful, historic buildings with timeless brick exteriors located in Dutchtown - a historic & vibrant South City STL neighborhood experiencing significant revitalization. Addresses are: 3801-3811 Keokuk St. - 24 units 3858 Bamberger Ave. - 24 units 3763 Keokuk St. - 2 units Summary below: - Attractive unit mix - Studios, One-Bedroom, & Two-Bedroom floor plans. - Avg. in-place rents are significantly below market rate - offers immediate upside w/ rent increases. - Economies of Scale - owning multiple properties w/in close proximity allows for centralized management, shared maintenance resources, & reduced operational expenses. - Asking Price of $3,300,000 ($66k per unit).
USD 3,000,000
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Saint Louis, United States