MO > Pasadena Hills > Pasadena Hills
Pasadena Hills, MO 63121,7249 Pasadena BLVD
Pasadena Hills, MO 63121,7249 Pasadena BLVD
Pasadena Hills, MO 63121,7249 Pasadena BLVD
Additional details
Joe LoPiccolo

Joe LoPiccolo

+1(314) 422-0125
$815,000
Est. payment /mo
16,896 SqFt
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UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 16,896 sqft

Price per Sqft $48

Subdivision Pasadena Hills

MLS Listing ID 25021460

Construction Status 64

Year Built 1961

Building Age 64

Lot Size 0.540 Acres

Acres 0.54

Property Sub-Type Multi-Family 5+

Property Description

Welcome to this exceptional opportunity to own a 12-unit apartment building located in a prestigious and unique gated community known as Pasadena Hills. Situated in a location near highway access, major employment and University Missouri St. Louis. The property offers a range of desirable features that make it an attractive investment including a mix of one, two and three bedroom units with hardwood floors throughout, forced heat, central air, storage, laundry on-site and garage parking. The financials are very impressive and attactive while being offered at an 8.64% cap-rate and 9.61% cash-on-cash return. Don't miss out on this chance to own a solid, well constructed apartment building in a gated community with lake and park setting.

Location

State MO

County St Louis

Area Jennings

Interior

Heating Forced Air

Cooling Ceiling Fan(s), Electric

Fireplace N

Laundry Coin Operated, Common Laundry

Building

Sewer Public Sewer

Water Public

Structure Type Brick Veneer,Concrete

Construction Status 64

Schools

Elementary Schools Lucas Crossing Elem. Complex

Middle Schools Lucas Crossing Middle

High Schools Normandy High

School District Normandy

Others

Ownership Private

Acceptable Financing Cash Only, Conventional, Exchange

Listing Terms Cash Only, Conventional, Exchange

Special Listing Condition None

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Listed by Michael Zangara • Apartment Advisors of America

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agent

Joe LoPiccolo

+1(314) 422-0125

Broker Associate | License ID: 2005026477

Broker Associate License ID: 2005026477

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