FOR SALE
$1,995,000

181 Northport Hills Drive
Florissant, MO 63033

Business Opportunities
Commercial
N/A
Acre Lot
Courtesy: Timothy McCarthy - Salient Realty Group, LLC
Agent Websites> Missouri> Florissant> 63033
Incredible opportunity to purchase a package of 18, income-producing condos. All condos are located within the same 56 unit complex. In 2022, the entire complex had all new roofs installed, new parking lot and new complete high efficiency HVAC systems installed in all units. The portfolio provides minimal expenses and tremendous upside to raise rents. In-place Cap Rate - 8.43%, with an opportunity to raise rents to achieve a 9.11% Cap.
24021523
Business Opportunities, Other
St Louis
1984
Public
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Timothy McCarthy - Salient Realty Group, LLC
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