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5001 S Grand Blvd
Saint Louis, MO 63111

Residential Property For Sale · 19 Units

Investment Highlights

  • Incredible mixed-use building
  • 10.21% Cap Rate
  • 3 Retail spaces, 8 - studios and 8 - 1 bd/1 bth
  • Several updates to the building and 75% of the units have been updated

Executive Summary

Incredible mixed-use building
3 retail spaces, 8 - studios and 8 - 1 bd/1bth units
10.21% Cap Rate
Several updates include:
High-efficiency boiler
Newer coated roof
New windows
Tuck pointing
All but one stack have been replaced
75% of units have been updated: Kitchen, bath and flooring

PROPERTY FACTS

Price Per Unit £45,225
Sale Type Investment
Net Initial Yield 10.21%
No. Units 19
Property Type Residential
Property Subtype Apartment
Building Class C
Lot Size 0.17 AC
Building Size 24,711 SF
Number of Floors 3
Year Built 1930
Parking Ratio 0.71/1,000 SF

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4711-00-0170-7
Land Assessment
£4,105
Improvements Assessment
£55,795
Total Assessment
£59,900

zoning

Zoning Code F
F
  • Listing ID: 32785926

  • Date on Market: 13/08/2024

  • Last Updated:

  • Address: 5001 S Grand Blvd, Saint Louis, MO 63111

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