302 N. Kingshighway Blvd.

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302 N. Kingshighway Blvd.

St. Louis, MO 63108
Asking Price
$3.25M
Asset Type
Apartment Building Hospitality
Class
Class B

What's Special

Premier Redevelopment Opportunity In Iconic Central West End Neighborhood <ul><li>​Significant adaptive reuse for existing retail or redevelopment potential for multifamily, mixed-use, medical office, or hospitality</li><li>​Opportunity to reposition a well-located asset in a supply-constrained, high-barrier-to-entry submarket</li><li>​Positioned at the gateway to the Central West End, one of St. Louis' most sought-after and high-growth submarkets</li><li>​Premier hard-corner location along the highly trafficked Kingshighway corridor, offering exceptional visibility a

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NOI
$80,000
Cap Rate
2.46%
DSCR
0.41
Underwater
Cash-on-Cash
-11.58%
Monthly Payment
$16,079.227
Annual Cash Flow
$-112,950.721

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