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5500 Virginia Ave
St. Louis, MO 63111
Asking Price
$350K
Asset Type
Special-purpose
Class
Class B
What's Special
5500 Virginia Ave, St. Louis, MO 63111 <ul><li>Turnkey Daycare Building</li><li>Previously approved for up to 60± children by the City of St. Louis and State of Missouri</li><li>Existing approvals support a streamlined path for re-licensing by a new operator</li><li>Recently updated (new flooring, restrooms, and plumbing)</li><li>4,000± SF outdoor playground</li></ul>
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NOI
$80,000
Cap Rate
22.86%
DSCR
3.85
Strong
Cash-on-Cash
56.40%
Monthly Payment
$1,731.609
Annual Cash Flow
$59,220.692
