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32 Unit Apartment Complex!


3710-3716 Geraldine Ave St. Ann

Type
For Sale
Bedrooms
1 Bedrooms
Bathrooms
1 Baths
Area
500 sqft

About

Calling all multi-family investors! This 32-unit complex would make a great addition to your portfolio. 3710-3716 Geraldine Ave in St. Ann has 2 buildings and 16,000 square feet of rentable space. Each of the units are 1 bed/1 bath, and average rents are $621/unit with a cap rate of 8.22%. Rents could be raised to $725 to increase cash flow as well. The units have substantial recent updates, including vinyl flooring, appliances, countertops, and water heaters.

Serious buyers only, please reach out for more details!

Details

Type: For Sale

Price: 1,650,000

Bed Rooms: 1

Area: 500 sqft

Bathrooms: 1

Year Built: 1966

Features

Similar Properties

$ 1,650,000

Contact Info

Andrew Burtt
Dispositions Manager

Phone:

(636) 544-1159

Email

andrew@fasterhouse.com

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When my husband and I decided to seriously pursue our real estate business, we were struggling to find deals on the MLS. A friend recommended we check out a FasterDeals meeting. Through the power of learning and networking with other real estate professionals at that meeting and finding off-market deals with FasterDeals, our real estate business has exploded! We have been able to scale at a faster rate than we ever thought possible. In the last 3 months, we have bought 3 single family homes from FasterDeals. From offer to closing, Matt was there every step of the way helping make the process incredibly easy. 

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