Courtesy of: Mike Shepherd, Invest St. Louis, mikeshepherd1968@gmail.com
Courtesy of: Mike Shepherd, Invest St. Louis, mikeshepherd1968@gmail.com
$5,300,000
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Lot: 0.20 Acres
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Other
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$5,300,000
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.
Courtesy of: Mike Shepherd, Invest St. Louis, mikeshepherd1968@gmail.com
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