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11978 Del Reo Court
Unincorporated MO 63138 US

$5,300,000

Active Listing ID 26012060
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Lot: 0.20 Acres
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Other

$5,300,000

Active Listing ID 26012060
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11978 Del Reo Court A rare opportunity to acquire a diversified portfolio of 75 condominiums strategically located across North St. Louis County. This well-performing portfolio offers consistent cash flow, stable tenancy, and strong capitalization potential for multifamily investors. This Portfolio is composed of 75 condominiums/homes across five municipalities: Hazelwood, Florissant, Bridgeton, Ferguson, and Unincorporated St. Louis County. There are 31 Lease-to-Own units operated under a unique model where tenants gain partial LLC ownership, granting full condo ownership after 15 years of continuous payments. Tenants cover HOA fees and partial maintenance, minimizing owner obligations.

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Property Features

  • Facts
  • Lot Size: 0.20 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other

School Information

  • School
  • Larimore Elem.(Elementary)
  • East Middle(MiddleSchool)
  • Hazelwood East High(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 5300000
  • unparsedaddress: 11978 Del Reo Court
  • postalcity: Unincorporated
  • stateorprovince: MO
  • country: US
  • postalcode: 63138
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.2017
  • lotsizeunits: Acres
  • lotsizearea: 0.2017
  • livingarea: 1040
  • livingareaunits: Square Feet
  • latitude: 38.786097
  • longitude: -90.192274
  • listagentfullname: Mike Shepherd
  • listagentemail: mikeshepherd1968@gmail.com
  • listagentkey: 3yd-MARISMO-JASHEPHE
  • listagentmlsid: JASHEPHE
  • listagentpreferredphone: 3146626453
  • listagentofficephone: 3143256201
  • listofficekey: 3yd-MARISMO-INVS01
  • listagentstatelicense: 2010038439
  • listofficemlsid: INVS01
  • disclaimer: Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MARISMO
  • yearbuilt: 1971
  • listagenturl: http://investinstlouis.com
  • countyorparish: St. Louis
  • parcelnumber: 08D-21-0490
  • elementaryschool: Larimore Elem.
  • highschool: Hazelwood East High
  • elementaryschooldistrict: Hazelwood
  • middleorjuniorschooldistrict: Hazelwood
  • highschooldistrict: Hazelwood
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -90.192276, 38.7861
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Invest St. Louis", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"mikeshepherd1968@gmail.com", "ListBrokerageCity":"St. Louis", "ListBrokerageCountry":"US", "ListBrokerageEmail":"investsaintlouis@gmail.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Invest St. Louis", "ListBrokeragePhone":"(314) 255-5117", "ListBrokeragePostalCode":"63139", "ListBrokerageStateOrProvince":"MO", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"6201 Arsenal", "ListBrokerageWebsiteUrl":"http://investinstlouis.com", "ListOfficeAddress1":"2309 Thurman", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"JSCHOEN", "ListOfficeCity":"St. Louis", "ListOfficeCountry":"US", "ListOfficeEmail":"Jordan@InvestSTL.com", "ListOfficePostalCode":"63110", "ListOfficeStateOrProvince":"MO", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income - Unincorporated, MO", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/11978-Del-Reo-Ct_Saint-Louis_MO_63138_M73240-50670?f=listhub&s=MARISMO&m=26012060&c=rexren", "MLSModificationTimestamp":"2026-03-03T10:44:38Z", "Neighborhoods":[{"Description":null, "Name":"46 - Hazelwood East"}], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2076, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/10/2026 4:35:40 AM GMT
Source Updated Date: 3/30/2026 12:47:41 PM GMT

Courtesy of: Mike Shepherd, Invest St. Louis, mikeshepherd1968@gmail.com

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.