Off-Market Offering416-Unit Single Family
$53,000,000
Single Family · 416 units
Asking Price
$53,000,000
Units
416
Asset Type
Single Family
Investment Highlights
St Louis MO on the riverfront 416 units high rise over 62ksqFt office space with 468 parking spaces. 190 residential units are not renovated (upside in rent increases). In opportunity zone with assumable debt 5.1% 47 months remaining 80% LTV. Normal sale single family ownership last 30+ years with over $30m CapX invested asking $53m (6.85% cap in place / 14% cash on cash) negotiable
James Smith
Listing contact · Verified on Crezly
Inquire / make an offer:
https://www.crezly.com/property/st-louis-mo-on-the-riverfront-416/
https://www.crezly.com/property/st-louis-mo-on-the-riverfront-416/
Prepared via Crezly Marketplace (crezly.com) from owner/broker-supplied information and NYC public records. Information deemed reliable but not guaranteed; buyers must independently verify. Not an offer, solicitation, or investment advice.