46 Unit Complex with Some Recent Upgrades

Investment Summary:

1. Property Basics: 46-unit updated apartment complex built in 1960, with all 2-bedroom, 1-bathroom units.
2. Prime Location: Located close to major highways, with easy access to Lambert Airport and Downtown St. Louis.
3. Recent Updates: Newer windows, hardwood floors, and updated kitchens, many of which feature granite countertops.
4. Convenient Amenities: Separate laundry building with coin-operated washers and dryers for tenant use, as well as plenty of parking available.
5. Spacious Layout: Spread across 13 buildings, the complex offers approximately 27,930 square feet of building space and sits on a lot of approximately 74,331 square feet.
6. High Occupancy Rate: Currently 100% occupied, indicating strong demand and stability in the complex.