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$3,595,000
3 Beds
- 2 Baths
30,234sqft
3725 Morganford Rd, St Louis, MO 63116
$3,595,000
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Multi Family
Built in 1965
$-- HOA
1.02 acres lot
$119/sq.ft
Description
Salient Realty Group is pleased to present this opportunity to acquire the Morganford Plaza Apartments, a 40-unit apartment community at 3725-41 Morganford Road, in St. Louis, Missouri. The property offers a strong value add opportunity with below market rents and a proven concept of conducting cosmetic unit updates to raise rents. It's rare to find a complex of this size and quality priced under $90,000 per unit.
The property offers an attractive unit mix with 24, 1 bedroom units and 16, 2 bedroom units and has had some major updates in recent years including: newer TPO roofs, all newer HVAC systems, updated laundry facility, and updated common grounds. Approximately ...
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1965
HOA Fees
-
Finished Area
30,234 sqft
Lot Size
1.02 acres lot
Basement Area
- sqft
MLS Name
MARIS MLS
MLS Number
MIS25080611
MLS Status
Active
Days on Market
4
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