5001 South Grand Boulevard, St. Louis, MO for sale

Investment Overview

Salient Realty Group is pleased to present this exceptional mixed-use property which offers a unique opportunity for investors looking for a blend of commercial and residential income streams. The building features three retail spaces on the ground floor, alongside a total of 16 residential units, including eight studio apartments and eight 1-bedroom, 1-bath units. With a 17.04% pro-forma cap rate, this property is a solid income-generating asset.

Investment 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