Log In/Sign Up
Your email has been sent.
4981 Rosalie St 16 Unit Apartment Building $680,585 CAD ($42,537 CAD/Unit) 16% Cap Rate Saint Louis, MO 63115
EXECUTIVE SUMMARY
This 16-unit apartment complex offers a value-add opportunity with in-place income and strong upside. With 5 tenants currently in place and units primed for renovation, rents can be increased from the current $540 average toward market levels, targeting an estimated 10% cap rate after stabilization. The building would benefit from comprehensive electrical and plumbing upgrades, along with renovations and updates to the vacant units, making it well-suited for an investor prepared to execute a thoughtful rehab plan and unlock long-term cash flow.
FINANCIAL SUMMARY (PRO FORMA - 2026) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$201,609
|
$11.64
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$20,162
|
$1.16
|
| Effective Gross Income |
$181,447
|
$10.47
|
| Taxes |
$7,020
|
$0.41
|
| Operating Expenses |
$72,578
|
$4.19
|
| Total Expenses |
$79,598
|
$4.60
|
| Net Operating Income |
$101,849
|
$5.88
|
FINANCIAL SUMMARY (PRO FORMA - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $201,609 |
| Annual Per SF | $11.64 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $20,162 |
| Annual Per SF | $1.16 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $181,447 |
| Annual Per SF | $10.47 |
| Taxes (CAD) | |
|---|---|
| Annual | $7,020 |
| Annual Per SF | $0.41 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $72,578 |
| Annual Per SF | $4.19 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $79,598 |
| Annual Per SF | $4.60 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $101,849 |
| Annual Per SF | $5.88 |
PROPERTY FACTS
| Price | $680,585 CAD | Property Subtype | Apartment |
| Price Per Unit | $42,537 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 16% | Lot Size | 0.37 AC |
| Sale Condition | Bulk/Portfolio Sale | Building Size | 17,322 SF |
| Gross Rent Multiplier | 3.37 | Average Occupancy | 44% |
| No. Units | 16 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1928 |
| Zoning | A-Single Family Residenti | ||
| Price | $680,585 CAD |
| Price Per Unit | $42,537 CAD |
| Sale Type | Investment |
| Cap Rate | 16% |
| Sale Condition | Bulk/Portfolio Sale |
| Gross Rent Multiplier | 3.37 |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 17,322 SF |
| Average Occupancy | 44% |
| No. Stories | 2 |
| Year Built | 1928 |
| Zoning | A-Single Family Residenti |
AMENITIES
SITE AMENITIES
- Fenced Lot
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 16 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 5493-00-0150-0 | Total Assessment | $83,865 CAD (2025) |
| Land Assessment | $4,695 CAD (2025) | Annual Taxes | $7,020 CAD ($0.41 CAD/SF) |
| Improvements Assessment | $79,170 CAD (2025) | Tax Year | 2026 |
PROPERTY TAXES
Parcel Number
5493-00-0150-0
Land Assessment
$4,695 CAD (2025)
Improvements Assessment
$79,170 CAD (2025)
Total Assessment
$83,865 CAD (2025)
Annual Taxes
$7,020 CAD ($0.41 CAD/SF)
Tax Year
2026
1 of 26
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
4981 Rosalie St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.