4054-64 S. Grand Boulevard

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4054-64 S. Grand Boulevard

St. Louis, MO 63118
Asking Price
$1.00M
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

24-Unit Value-Add Multifamily Opportunity in Dutchtown Neighborhood | St. Louis MSA <ul><li>​Attractive rental market with a high demand for studio, 1-bedroom, and 2-bedroom units among working professionals and families in the area.</li><li>​Value-add opportunity by continuing to update units to push rents during new ownership period.</li><li>​Beautiful historic buildings restored to maintain their original character and charm.</li><li>​Properties are located in Dutchtown, a historic and vibrant neighborhood located in South St. Louis City, experiencing a period of revitalizat

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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