View All
For Sale
5001 South Grand Boulevard, St. Louis, MO for sale
5001 South Grand Boulevard,
St. Louis, MO 63111
St. Louis, MO 63111
Asset Snapshot
1930
Year Built
3
Floor Count
19 Units
Unit Count
0 SF
Average Unit Size
14,000 SF
Property Size
58%
Occupancy
Offering Summary
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
How it Works
Need Help?
Your brokers are your first point of contact for any listing or process questions. For additional support:
Listing Syndicated From
