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

American Realty Group

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

Key Details

Property Type Multi-Family

Sub Type 5 Family or More

Listing Status Active

Purchase Type For Sale

Square Footage 16,896 sqft

Price per Sqft $48

Subdivision Pasadena Hills

MLS Listing ID 25021460

Year Built 1961

Lot Size 0.540 Acres

Acres 0.54

Property Sub-Type 5 Family or More

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 16 - Jennings

Interior

Heating Forced Air, Natural Gas

Cooling Ceiling Fan(s), Central Air, Electric

Fireplace N

Appliance Gas Water Heater

Laundry Other, Common Area

Exterior

Parking Features false

Building

Sewer Public Sewer

Water Public

Architectural Style Low/1-2

Structure Type Brick Veneer,Concrete,Block

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, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

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Listed by Apartment Advisors of America LLC

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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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