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4260-4262 Michigan Ave
Saint Louis, MO 63111
Immeuble residentiel Propriété À vendre
·
6 Unités
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Faits saillants de l'investissement
- Fully-leased 6-unit asset featuring all 1 Bed/1 Bath units
- Opportunity to acquire at a competitive basis with the potential to increase cash flow through operational efficiencies and targeted unit upgrades
- Limited new apartment construction at comparable price points supports continued occupancy and rent stability
- New roofing in 2022 with 20-year warranty
- Stable South St. Louis neighborhood with consistent rental demand and low turnover
- Convenient South City location near transit, highways, retail, and amenities
Résumé de l'annonce
CBRE, as exclusive marketing advisor, is pleased to present 4260–62 Michigan Avenue, a fully leased six-unit brick apartment building located in South St. Louis. Situated along a quiet residential corridor, the property offers investors a stabilized asset in an established neighborhood supported by strong rental demand and historically low tenant turnover. The building also carries a secondary address of 3119 Chariton Street.
The property consists of six one-bedroom, one-bathroom units, which feature efficient floor plans, hardwood flooring, and an abundance of natural light.
Significant capital improvements include new TPO roofing installed in 2022 with a 20-year warranty, positioning the asset for minimal near-term maintenance and capital expenditures.
The property is situated near major thoroughfares including South Grand Boulevard, I-55, and I-44, allowing for efficient travel to Downtown St. Louis, regional employment centers, and surrounding neighborhoods. Public transportation is readily accessible, with nearby bus routes providing additional commuting options.
The property consists of six one-bedroom, one-bathroom units, which feature efficient floor plans, hardwood flooring, and an abundance of natural light.
Significant capital improvements include new TPO roofing installed in 2022 with a 20-year warranty, positioning the asset for minimal near-term maintenance and capital expenditures.
The property is situated near major thoroughfares including South Grand Boulevard, I-55, and I-44, allowing for efficient travel to Downtown St. Louis, regional employment centers, and surrounding neighborhoods. Public transportation is readily accessible, with nearby bus routes providing additional commuting options.
Faits sur la propriété
| Prix par unité | 84 637 $ CAD | Classe d’immeuble | C |
| Type de vente | Investissement | Taille du lot | 0,12 AC |
| Nombre d’unités | 6 | Taille du bâtiment | 7 248 pi² |
| Type de propriété | Immeuble residentiel | Occupation moyenne | 100% |
| Sous-type de propriété | Appartement | Nombre d’étages | 2 |
| Style d’appartement | De faible hauteur | Année de construction | 1928 |
| Zonage | B | ||
| Prix par unité | 84 637 $ CAD |
| Type de vente | Investissement |
| Nombre d’unités | 6 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,12 AC |
| Taille du bâtiment | 7 248 pi² |
| Occupation moyenne | 100% |
| Nombre d’étages | 2 |
| Année de construction | 1928 |
| Zonage | B |
Commodités
Commodités des unités
- Climatisation
- Chauffage
- Cuisine
- Fourchette
- Bain/Douche
Commodités du site
- Accès 24 heures
- Accès contrôlé
- Installations de lessive
- CVCA contrôlé par le locataire
- Sans ascenseur
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 1+1 | 6 | - | - |
Impôts fonciers
| Numéro de lot | 2655-06-0010-0 | Évaluation des bâtiments | 81 104 $ CAD |
| Évaluation du terrain | 1 743 $ CAD | Évaluation totale | 82 847 $ CAD |
Impôts fonciers
Numéro de lot
2655-06-0010-0
Évaluation du terrain
1 743 $ CAD
Évaluation des bâtiments
81 104 $ CAD
Évaluation totale
82 847 $ CAD
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