Portfolio of 21 homes located in north St. Louis county with a mix of 3, 2 and 1 beds. Potential to increase rents significantly both as-is and with additional updates. Average rent for the homes is $899 a month based on similarly sized rental homes with the same bedroom and bathroom count in the same zip codes. 1760 Elkins has a comparable of $145,000. Potential to update homes and sell them to owner-occupants in the future. There are numerous similarly sized updated homes selling for over $100,000 nearby. Management company in place that has been managing properties for 19 years located near the homes, management services can remain in place if desired. Most homes are located in very close proximity providing ease with maintenance, leasing. Seller recently completed several capital expenditure items, and completed numerous turnovers. Sold as-is. Showings will be available with an accepted contract. Additional 21 home portfolio is available nearby. Please inquire for additional info
Date | Price |
---|---|
-- | New Value: $995,000 |
2/14/2024 3:40:19 PM | New Value: Pending |
2/7/2024 3:55:22 PM | New Value: $995,000 |
1/3/2024 11:40:00 AM | New Value: $1,150,000 |