Share This Listing

Message

965 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

2225 Park Ave 378,242 SF Specialty Building Offered at $104,105,927 CAD at a 8.90% Cap Rate in Saint Louis, MO 63104

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • High occupancy rate with new tenant placements happening daily.
  • Substantial cap rate and long-term lease structure.

EXECUTIVE SUMMARY

This 244 Home Single-Family Rental Portfolio in the St. Louis, Missouri MSA is offered at a price of $74,578,718.00 which represents a 8.9% Cap Rate for your investors. The homes in this portfolio are majority actively leased (86% current occupancy rate with new tenant placements happening daily) and the lease structure is a 3-year Lease Purchase. This portfolio represents a valuable investment opportunity with a substantial cap rate and long-term lease structure, providing steady returns. The portfolio consists of a varying array of vintage and price points and a full data tape is available for your review upon execution of a standard Non-Disclosure Agreement.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $104,105,927 CAD
Price Per SF $275.24 CAD
Sale Type Investment
Cap Rate 8.90%
Sale Condition Bulk/Portfolio Sale
Property Type Specialty
Property Subtype Residential Income
Building Class C
Lot Size 56.00 AC
Building Size 378,242 SF
No. Stories 2
Year Built 2013
Opportunity Zone Yes
Zoning R-1 - Residential
Walk Score®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 34525779

  • Date on Market: 2025-01-17

  • Last Updated:

  • Address: 2225 Park Ave, Saint Louis, MO 63104

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}