Courtesy of: Malinda Terreri, Terreri Team Realty LLC, malinda@terreriteam.com
Courtesy of: Malinda Terreri, Terreri Team Realty LLC, malinda@terreriteam.com
$1,500,000
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1,024 square feet
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Lot: 0.18 Acres
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Single Family Residence
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$1,500,000
6857 Frostview Lane This package of 14 single family homes in St. Louis, County, MO, has everything you're looking for: - Average rent is $1695/month - 85% of leases are Sec 8 - Estimated 11.24% cap rate - Thirteen of the 14 properties are leased. - Pre-listing inspections have been completed on all properties and 360 virtual tours are available on 13 of the homes. - Average tenant tenure of almost 6 years across occupied units, with two tenancies exceeding 10 years. Priced at $1, 500, 000, this package has $285, 000 in projected annual gross rental income. This is an opportunity to secure scale, established rental income, and long-term potential in a single transaction. All 14 properties have undergone pre-listing inspections by an ASHI-certified inspector, providing buyers with additional insight into the condition of each home. Virtual 360 tours are also available on 13 of the 14 homes. The portfolio is offered as-is, with pricing reflective of the existing property conditions. No seller financing is available.
Courtesy of: Malinda Terreri, Terreri Team Realty LLC, malinda@terreriteam.com
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