Nearby Schools
Gibson Elem.Elementary School
R. G. Central MiddleMiddle School
Riverview Gardens Sr. HighHigh School
Description
Love the high investment returns of St. Louis County rental properties but tired of the lack of inventory? Here is an easy solution: a ready-made, turnkey portfolio of 112 single family homes concentrated in north St. Louis County. This package is priced at $8,400,000 which is an average of $75,000 per door. These homes are located in easy to rent areas including 34 homes in Bellefontaine Neighbors, 27 homes in Ferguson, 15 homes in Hanley Hills, plus more. This stable portfolio of properties has only 3 current vacancies and will be cash-flowing from day one. Tenants are responsible for utilities. The monthly sewer bill is charged back to tenants. Average rent per property per month is $847 which is $1,138,560 in gross annual rents. These properties to be sold as a package. For complete details on this package, including a listing of addresses, rents and property details, please view the pdf in the documents section.
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Courtesy of: Worth Clark Realty Copyright 2022, Mid America Regional Information Systems, Inc.(MARIS). All rights reserved. Mid America Regional Info Systems does not display the entire IDX database of Mid America Regional Information Systems, Inc. (MARIS MLS) on this web site. Property listings of some REALTOR® brokerage firms have been excluded. Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information provided deemed to be reliable but is not guaranteed to be accurate. Buyers are advised to verify all facts before making a decision on purchasing a property. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Mid America Regional information Systems, Inc. (MARIS) will not be held responsibility for the content of such records.
