Details for Listing #22021332

10367 Coburg Lands St Louis MO 63137
Commercial Sale for sale – 10367  Coburg Lands   St Louis, MO
$8,400,000
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Listing ID: 22021332
Status: Active
Type: Commercial Sale
Square Foot:  
Lot Size/Acres: 0.199
County: St Louis
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Property Details

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.


Year Built / Age: 1952
Listing Status: Active
Subdivision: Bissell Hills 4

Listed by: Worth Clark Realty

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