Courtesy of: Timothy McCarthy, Salient Realty Group, LLC, tmccarthy@salientrealtygroup.com
Courtesy of: Timothy McCarthy, Salient Realty Group, LLC, tmccarthy@salientrealtygroup.com
$1,895,000
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3 bed
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16,485 square feet
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3.00 Bath (3 Full)
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Lot: 0.44 Acres
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Other
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$1,895,000
1265 Moorlands Drive 1265-1269 Moorlands Drive, a 17-unit multifamily investment opportunity located in the highly desirable Richmond Heights submarket of St. Louis County. Ideally positioned just minutes from Downtown Clayton, Washington University, Forest Park, and premier shopping and dining destinations, the property offers investors an attractive opportunity in a strong rental market. Buildings of this size in this area are extremely rare! The property features a mix of apartment layouts, including a two-bedroom, one-bathroom basement unit, along with six garages plus storage units that provide an additional income stream. With its desirable location, multiple sources of income, and potential for rental growth, 1265-1269 Moorlands presents an excellent opportunity for investors seeking long-term appreciation and increased cash flow. **Unit 69F - 2 Bed / 1 Bath: Requires renovations and updates to meet occupancy inspection requirements.
Courtesy of: Timothy McCarthy, Salient Realty Group, LLC, tmccarthy@salientrealtygroup.com
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