ATTENTION INVESTORS! Rare opportunity to acquire an 11-property single-family home portfolio in North St. Louis County for just $200,000, approximately $18,182 per door. This package includes nine properties located in the 63137 zip code, one property in 63136, and one property in 63135. All properties are being sold AS-IS and… Read More require substantial renovation. One property has sustained significant fire damage and will require extensive rehabilitation or potential redevelopment. This offering is ideal for seasoned investors, rehabbers, contractors, landlords, or investment groups seeking a value-add portfolio with significant upside potential. Whether your strategy is to renovate and hold as long-term rental assets, complete full rehabs for resale, or capitalize on the growing demand for affordable housing in North County, this package presents an opportunity to control multiple properties at a basis that is difficult to replicate in today's market. The majority of the homes are located within close proximity to one another, creating potential efficiencies for acquisition, renovation management, maintenance, and future portfolio operations. Investors familiar with the North County market will recognize the opportunity to create substantial equity through strategic renovations and property management. Properties are being sold as a package only. Seller will not separate properties. Buyers are encouraged to perform all due diligence regarding condition, occupancy status, utility status, municipal requirements, code compliance, rental licensing, and renovation costs prior to submitting an offer. All information is believed reliable but not guaranteed. No warranties or representations are made regarding the condition of any property. Proof of funds required with all offers. Cash ONLY transaction. Seller prefers a quick closing. Opportunities to acquire 11 single-family homes at an average acquisition cost of approximately $18,000 per property are increasingly rare. Bring your vision, your contractor, and your investment strategy. This is a true value-add portfolio positioned for investors who understand how to unlock equity through renovation and repositioning. Portfolio includes the following MLS listings: #26040035, #26040064, #26040075, #26040086, #26040092, #26040101, #26040106, #26040118, #26040131, #26040136, and #26040143. Copy and past this link to review all of the listings: https://drive.google.com/file/d/1tmCbAyBPea0s1L_mSqeYhf-iaAJ2Gti1/view?usp=sharing Read Less
Listing courtesy of Elevate Realty, LLC, 314-380-0581.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family Residence
Beds
2
Full Baths
1
Square Ft.
952
Lot Size
0.15 Acres
Year Built
1922
MLS Number
26040136
Additional Details
Appliances & Equipment
"None"
Basement
Basement: "Full", Basement
Building
Above Grade Finished Area: 952 Sq.Ft., Architectural Style: "Ranch", Below Grade Finished Area Source: Public Records, Construction Materials: "Unknown", Levels: "One", Living Area: 952 Sq. Ft., 5 total rooms, Year Built: 1922
Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Data Exchange.
Listings courtesy of Mid America Regional Information Systems Data Exchange as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.