Rare opportunity to acquire a 39-unit apartment package located in a premier Class A area of St. Louis County. Built in 2011, this well-maintained asset offers modern construction, strong in-place income, and operational simplicity with all-electric units. The property is currently generating over $50,000 per month in gross rental income, providing immediate cash flow in one of the most desirable rental corridors in the county. Built with long-term durability in mind, the all-electric design minimizes maintenance complexity and utility infrastructure concerns. Situated in a highly sought-after location known for strong tenant demand, stable demographics, and continued growth, this asset presents an ideal opportunity for investors seeking a newer vintage property with consistent performance and upside potential.
Listing courtesy of Exit Elite Realty. Selling Office: Exit Elite Realty.
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