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5706 Thekla 5706 Thekla Ave 8 Unit Apartment Building $598,921 CAD ($74,865 CAD/Unit) 9.79% Cap Rate Saint Louis, MO 63120
Executive Summary
Turnkey 8-unit investment opportunity with strong cash flow. This fully renovated building has been updated from top to bottom, offering a true hands-off asset for the next owner. With projected rental income exceeding $5,500 per month, this property is ideal for investors looking to step into immediate income with minimal maintenance. Each unit has been improved to attract quality tenants, helping reduce vacancy and maximize long-term returns. The property is positioned for stable cash flow and continued appreciation, making it a great addition to any portfolio. Sit back and collect with this low-maintenance, income-producing asset. Contact us today before it is gone tomorrow.
Property Facts
| Price | $598,921 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $74,865 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 9.79% | Building Size | 7,992 SF |
| No. Units | 8 | Average Occupancy | 87% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1964/2022 |
| Zoning | F | ||
| Price | $598,921 CAD |
| Price Per Unit | $74,865 CAD |
| Sale Type | Investment |
| Cap Rate | 9.79% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 7,992 SF |
| Average Occupancy | 87% |
| No. Stories | 2 |
| Year Built/Renovated | 1964/2022 |
| Zoning | F |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Freezer
- Large Bedrooms
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | $1,045 CAD | 650 |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 5122-00-0220-0 | Improvements Assessment | $42,111 CAD |
| Land Assessment | $1,995 CAD | Total Assessment | $44,106 CAD |
Property Taxes
Parcel Number
5122-00-0220-0
Land Assessment
$1,995 CAD
Improvements Assessment
$42,111 CAD
Total Assessment
$44,106 CAD
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5706 Thekla | 5706 Thekla Ave
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