1030 Commodore Dr, Saint Louis, MO 63117

Description

Rare opportunity to invest in a 4-unit property in the highly desirable Little Flower neighborhood of Richmond Heights. Located a stone’s throw from Downtown Clayton, Washington University, the Barnes Jewish Hospital Complex, and great access to regional highways, the location can’t be beat -- incredible tenant draw! Offered at a pro forma 7.36% Cap Rate, with easy value-add to bring even higher returns. With simple cosmetic updates, all of these 1-bed units command $1595 market rents – adding laundry in-unit could raise to $1795/mo, ready with a perfect location off the kitchen. In great condition with some recent updates, the property has Central AC & Forced Air heat...