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For Sale
5001 South Grand Boulevard
Dutchtown · St. Louis, MO 63111Multifamily
$850k
Price
19
Units
$45k
Per unit
5.60%
Cap rate · In-place
17.04%
Cap rate · Proforma
Highlights
- Incredible mixed-use building
- 3 Retail spaces, 8 - studios and 8 - 1 bd/1bth units
- 17.04% Pro-Forma Cap Rate
- 75% of Units Have Been Renovated
- Updated Utility Systems
- New Windows and Tuck Pointing
- Newly Coated Roof
Documents
Offering MemorandumDownload
About the property
5001 South Grand Boulevard is a mixed-use building with three retail storefronts and 16 apartments — eight studios and eight one-bedroom, one-bath units. Roughly 75% of the units have been renovated, and the building has updated utility systems, new windows and tuck pointing, and a newly coated roof.
Photos
Location · Dutchtown
Contact the brokers
