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1135 Hodiamont Ave - One Loop Apartments Multifamily Building
ABOUT 1135 HODIAMONT AVE , SAINT LOUIS , MO 63112
| Price | Not Individually For Sale | Building Class | C |
| Property Type | Multifamily | Lot Size | 2.02 AC |
| Property Subtype | Apartment | Parking Ratio | 1.43/1,000 SF |
| Price | Not Individually For Sale |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 2.02 AC |
| Parking Ratio | 1.43/1,000 SF |
EXECUTIVE SUMMARY
Apartment complex consisting of 60 total units. 5 buildings. 8x 1 bedroom, 15x 2 bedroom, 36x 3 bedroom. Plenty of off street parking. 65% occupied. New rubber roofs in 2006. Tax abatement for 8 more years. Close to Metrolink. 1 of 5 buildings needs rehab due to fire damage. Property is offered at a 10 CAP based on current income at 65% occupancy and below market rents so there is substantial upside potential. Value added opportunity.
Corner of Skinker and Etzel, conveniently located just north of Forest Park and The Loop entertainment district, in the city of St Louis, Missouri.
Corner of Skinker and Etzel, conveniently located just north of Forest Park and The Loop entertainment district, in the city of St Louis, Missouri.
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