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2343 Menard Street
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Four-family apartment building located in the historic Soulard neighborhood
- Asset offered for sale at an asking price of 489,900 dollars
- The property provides a verified capitalization rate of 6.4 percent
- St. Louis offers a stable regional economy with diverse employment centers
- Multifamily units provide potential for consistent residential rental income streams
What's Special
Investors seeking a stabilized multifamily asset will find this four-family apartment building in the Soulard neighborhood of St. Louis a practical addition to an urban portfolio. The property benefits from its positioning in one of the city's most historic and character-rich districts, which remains a consistent draw for renters due to its proximity to regional entertainment, dining, and employment hubs. St. Louis continues to serve as a key economic anchor in the Midwest, offering a stable rental market supported by a diverse base of established institutions and growing industries. This asset provides an established income stream with a current cap rate of 6.4 percent, making it an efficient vehicle for those focused on cash flow within a dense, walkable urban environment. The building layout caters to local housing demand, offering versatile residential units that integrate well into the fabric of this established neighborhood. Its location provides easy access to major transportation corridors, facilitating connectivity throughout the broader metropolitan area.
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