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7376 San Diego Avenue
St. Louis, MO 63121
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
324-Unit Multifamily Opportunity with Upside Potential in St. Louis MSA <ul><li>324-unit garden-style community offering strong economies of scale and operational efficiency</li><li>Recent capital improvements totaling over $6.8 million have been completed, including new roofs, electrical remediation, HVAC, plumbing, unit renovations, and general improvements throughout</li><li>Close proximity to the $1.8 billion dollar Boeing defense campus expansion redevelopment providing improved occupancy demand</li><li>53% of the units are in classic or near classic condit
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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
