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This 24-unit apartment building is a fantastic investment opportunity located in a popular and vibrant neighborhood known as Maplewood, a small suburb of St. Louis, Missouri. The property comes with assumable debt in place and has 7 years remaining with a loan balance of $1.933M at 3.65% interest rate, making it an attractive option. The building consists of 24 units, offering a mix of both one and two-bedroom units that are spacious and well-designed. Each unit is thoughtfully designed to provide comfortable living spaces. The neighborhood is known for its trendy atmosphere, with a wide range of amenities, including popular restaurants, cafes, boutiques, and entertainment venues. One of the key advantages of this property is the potential to increase rents. With the neighborhood's popularity and demand for housing, there is room for rental rates to be adjusted to reflect market trends. This presents an opportunity for the new owner to maximize their return on investment.PROPERTY FEATURES
PROPERTY DETAILS
Street Address: 7219 Southwest Avenue
City: Maplewood
State: Missouri
Postal Code: 63143
MLS Number: MAR24010532
Year Built: 1962
Courtesy of Apartment Advisors of America
City: Maplewood
State: Missouri
Postal Code: 63143
MLS Number: MAR24010532
Year Built: 1962
Courtesy of Apartment Advisors of America
Courtesy of Apartment Advisors of America
