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About the Listing WCLK01 - TDERRIGA
This 24-unit apartment complex is located in the heart of St. Clair in Franklin County situated near I-44, Gravois, and plenty of shopping and other amenities,. It features two well-maintained buildings constructed in 1986, offering a total of 18,886 square feet of revenue-generating potential. Unit mix is 8 1-bed/1-bath (567 sf) and 16 2-bed/1-bath units (714 sf). About 50% have been updated with LVP flooring and stainless appliances; others with carpet/vinyl flooring and mixed appliances provide value-add opportunity. Property features newer vinyl windows, exterior entrance, electric water heaters, circuit breaker panels, and 48 parking spaces. Coin-operated laundry facility generates $290/month (included in income). Gross income = 187,584, expenses = 45,884, and NOI = 141,700 - a 8.33% cap rate at asking price. With its location, updates, 100% occupancy, and NOI, this property has plenty to offer. Ask your agent/broker for the financials located in the supplements.
Listing Highlights for 125 Crescent Lake Rd
Status
Active
Days on Site
227
Property Type
Multi-Family
MLS ®
25003997
Year Built
1986
Total Square Footage
18,866
Lot/Acreage
1.5
County
Franklin
School District
St. Clair R-XIII
Elementary School
St. Clair Elem.
Middle School
St. Clair Jr. High
High School
St. Clair High
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances: Gas Water Heater
- Air Cond: Wall Unit(s),Ceiling Fan(s)
- Heating: Baseboard,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 18866
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: IRR
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Assigned,Open,Parking Lot
Financial Details
- Tax Amount: $12,413
- Taxes w/Assessments: N/A
- Tax/Property ID: 22-7-350-4-099-028400
- Tax Year: 2023
Payment Calculator
Monthly Payment
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- in Taxes
Years
% Down Payment
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Listing Location
Questions About..
125 Crescent Lake Rd St Clair, MO 63077
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