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7844-7848 Big Bend Blvd
Webster Groves, MO 63119
7848 Big Bend Webster Groves · Multifamily Property For Sale · 9 Units

Property Facts

No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.29 AC
Building Size 7,224 SF
No. Stories 2
Year Built 1960
Parking Ratio 1.24/1,000 SF
Zoning 64C - Commercial Distric

About 7844-7848 BIG BEND BLVD , WEBSTER GROVES, MO 63119

New price! High quality 9 unit apartment building in the Highly desirable, A-class St. Louis suburb of Webster Groves! High demand/limited supply apartment submarket makes this a dream for the saavy investor. Within minutes of Webster University and downtown Webster Groves. Impeccably maintained and with many updates including brand new shingle roof, new thernal windows, most of units have renovated kitchens and baths, refinished hardwood floors, some with crown molding in living area. Grat floorplans and closet space! some rents are significantly under market. Property operating at 6.4% cap rate on current rents, and 7.37% cap rate on market rents. 11.7% proforma cash-on-cash return. Get your money out of the market and into 7848 Big Bend, giving you cash flow, depreciation write-off and appreciation!!! Suburban, 3-4 blocks from stores, shops, restaurants. Less than a mile from Webster University.

Property Taxes

Property Taxes

Parcel Number
22J-11-0551
Land Assessment
$45,600
Improvements Assessment
$146,470
Total Assessment
$192,070
  • Listing ID: 5848292

  • Date on Market: 2/14/2017

  • Last Updated:

  • Address: 7844-7848 Big Bend Blvd, Webster Groves, MO 63119

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