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5001 S Grand Blvd
Saint Louis, MO 63111
Multifamily Property For Sale
·
16 Units
Investment Highlights
- Incredible Mixed-Use Building
- 18.37% Pro-Forma Cap Rate
- Updated Utility Systems
- 3 Retail Spaces, 8 - Studios and 8 - 1 bd/1bth units
- 75% of Units Have Been Renovated
- New Windows, Tuck Pointing and Coated Roof
Executive Summary
Salient Realty Group is pleased to present this exceptional mixed-use property which offers a unique opportunity for investors looking for a blend of commercial and residential income streams. The building features three retail spaces on the ground floor, alongside a total of 16 residential units, including eight studio apartments and eight 1-bedroom, 1-bath units. With a 18.37% pro-forma cap rate, this property is a solid income-generating asset.
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | $830.00 | 625 |
| 1+1 | 8 | $875.00 | 750 - 1,000 |
Property Taxes
| Parcel Number | 4711-00-0170-7 | Improvements Assessment | $69,320 |
| Land Assessment | $5,100 | Total Assessment | $74,420 |
Property Taxes
Parcel Number
4711-00-0170-7
Land Assessment
$5,100
Improvements Assessment
$69,320
Total Assessment
$74,420
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