The Cedar Ridge Apartments offer an excellent opportunity for investors seeking stable cash flow, strong returns, and minimal management hassle just outside of St. Louis. This 16-unit community is spread across four well-maintained buildings in Desloge, Missouri, and is consistently fully leased and easy to operate. 

The building features 2 bedroom units with in unit laundry, all the units have their own porches. The apartments also have central air with mini splits, and there are detached storage units for the apartments on site.

With significantly lower expenses for taxes, insurance, and utilities compared to similar properties in the city, this asset stands out for its efficiency and profitability. Located in unincorporated St. Francois County, the property benefits from a landlord-friendly environment with low taxes, minimal red tape with no occupancy inspections.

Projected rents of up to $1,000 per unit offer immediate income potential and long-term upside. Whether you’re expanding your portfolio or looking for a low-maintenance investment, Cedar Ridge Apartments delivers dependable performance without the typical headaches.

Basic Property Details:

• Brick Exterior
• Four 1-Bedroom, 1-Bathroom Units
• Building Size: 2,048 square feet
• Lot Size: 5,401 square feet (0.124 acres)
• Built: 1957
• No Basement

Property Overview:

This 4-family brick building offers a total of 2,048 sq. ft., with four 1-bedroom, 1-bathroom units—each approximately 512 sq. ft. Built in 1957 and situated on a 5,401 sq. ft. lot (0.124 acres), this property presents a strong footprint for a value-add investment.

Value-Add Potential:

The building offers upside through repairs and upgrades. Units are in varying conditions. One occupied unit in rough condition, another in good condition, one vacant unit in good condition, and one vacant unit needing improvements.  With renovations, this property can deliver increased rental income and long-term equity growth.

Mechanical Systems:

Heating via forced air gas. Cooling via wall/window units. The building is equipped with a gas water heaters and does not include a basement. The roof is approximately 4 years old.

Location:

Located in Overland—an up-and-coming area of St. Louis—this property enjoys:

• Convenient Access to schools, supermarkets, and daily essentials.
• Quiet, Peaceful Surroundings with a relaxed atmosphere and public green spaces.
• Diverse, Vibrant Community with unique restaurants and small businesses.
• Proximity to Key Submarkets like Maryland Heights, Creve Coeur, Olivette, University City, and Clayton to the west and south.
• Easy Commute to Lambert Airport, located just north of the property.
• Quick Highway Access, with Interstate 170 less than half a mile away.
• High Visibility and Convenience on Page Avenue, offering tenants direct access to a wide range of shopping and dining options.

Media Supplements:

• Virtual Tour: 9433A (vacant);    https://my.matterport.com/show/?m=4Y1z6kmpFGH
• Virtual Tour: 9433B (vacant);    https://my.matterport.com/show/?m=XZZdzgzUoiE
• Media (includes 23min video walkthrough);
  https://photos.app.goo.gl/VtzxkV2Qkt9Ud7NM8
• Google Drive folder (includes estimates, leases, disclosures, and more) https://drive.google.com/drive/folders/1lPzF7zdzBGwLCsqsSLpqnRXJt_Wg7LxL?usp=sharing

Prime Location: Situated in one of the most desirable areas of the St. Louis metro region and centrally located near major highways, shopping, dining, and entertainment, this probably is also boasts close proximity to Downtown Clayton, Washington University, and Forest Park.

Strong Rental Demand: The area sees strong rental demand, with nearby two-bedroom units averaging $1,864 per month within a half-mile over the past year.

Well-Maintained Property: The property includes central HVAC, a recently updated roofline with new fascia and soffits, along with half of the windows recently replaced.

Spacious Units: Each 1,250 sq ft unit features an updated kitchen, spacious living and dining rooms, large bedrooms, and a three-season room at the rear of the building. A brick two-car garage and a generous backyard sit on a nearly 0.2-acre lot.

Ideal for Owner-Occupants: Ideal for owner-occupants seeking to live in one of St. Louis’ most desirable neighborhoods while offsetting housing costs by renting the other unit.

Flexible Exit Strategies: The property also offers versatile investment potential, including long-term rentals, short or mid-term furnished leasing. 

Virtual Tour: 7333a Lindell Blvd – https://bit.ly/7333a_Lindell

Rare opportunity to acquire an updated 7-family property with a 2-car garage in St. Charles. The main building includes five units, while two additional units are located in a separate building at the rear of the property. Tenants enjoy access to a fenced backyard and a covered front porch. The main building offers approximately 2,415 sq ft of living space, with an estimated 1,100 sq ft in the rear building, totaling roughly 3,515 sq ft.

Currently, six units are occupied. Once fully leased—including the seventh unit and the second garage space (which rents for $50/month)—the property is projected to generate $4,335 per month in gross rental income. There is solid potential for rent increases. The average rent for studio apartments within a 10-mile radius over the past year is $1,207, while one-bedroom units within a 3-mile radius averaged $1,309. Over the past 12 months, the property generated $47,531 in income, with operating expenses totaling $20,540.

This portfolio features seven diligently maintained condos across 6 buildings located close to each other in Hazelwood on Sieloff Drive. All 7 units are currently occupied. These condos are all two-bedroom, one-bathroom units with the exception of one 3-bedroom, 1-bathroom unit. Many of these units have had the same tenants for several years and are in good condition.

The current monthly rental income is $5,325, totaling $63,900 annually, while the current annual expenses stand at $21,666, resulting in a net annual income of $42,234. At the current list price, assuming 80% LTV 30yr amortization and 7% rate this condo portfolio is lender friendly, exceeding a 1.5 DSCR. Additionally, there is potential for even higher net income as the units are currently rented below market rates.

Property maintenance is hassle-free with the condo association handling all exterior repairs, landscaping, and parking areas. Amenities include dedicated off-street parking, in-unit or on-site laundry, and cost-effective all-electric utilities, covering water, trash, and gas expenses. Major employers like Amazon and Boeing are located within close proximity to the condos.

High-Value Add Potential
Located in the heart of South St. Louis City, this property presents a rare investment opportunity.

Major Renovations Completed
Most of the heavy lifting is done—investors can add the finishing touches to maximize value.

Rare & Spacious Units
Large 3-bed, 2-bath townhome-style units are in high demand, commanding top market rents.

Built-In Equity & Strong Cash Flow
Priced competitively, offering investors the potential for immediate equity and significant monthly returns.

Strong Sales Comps
Similar townhome units are pending sale at $379,000, while smaller 2-bed, 1-bath duplexes have sold for up to $320,000.

Prime Location
Centrally located near major roads, public transit, shopping, dining, and just 10 minutes from downtown St. Louis—making tenant demand high.

High Rental Potential
Rental projections of up to $1,600/month per unit ensure a low-maintenance, high-yield investment for years to come.

Location & Neighborhood Highlights:

• Located in the heart of The Grove, one of St. Louis’ most vibrant and desirable neighborhoods.
• Close to Barnes Hospital, Washington University Medical School, SLU Campus, The Botanical Gardens, Forest Park, and major highways 40 and 44.

Property & Investment Highlights:

• The building recently underwent a complete renovation that included new updated kitchens, bathrooms, in unit laundry, all new doors, lighting, hardware, all updated systems, and the roof was replaced. 
• Features well-designed, owner occupant grade 1-bedroom, 1-bathroom layouts perfect for modern living.
• Low turnover and limited inventory in the neighborhood make this property a rare find.
• Ongoing redevelopment in The Grove supports continued strong rental demand and excellent potential.

Features:

• Beautifully finished hardwood floors and tasteful finishes throughout.
• Modern bathrooms with walk in showers, in unit laundry. 
• Spacious tiled showers, sleek quartz countertops, and stylish kitchen islands.
• Central HVAC systems provide year-round comfort.
• Private fenced-in backyard creates a secure and serene outdoor oasis. A new 2 story porch was added on the back of the property and there is a detached garage. 

Rental Potential:

• Current rental rates: $1,200/month per unit, plus $50/month for laundry.
• Comparable units in the area rent for $1,300+ per month, offering potential for increased income.

Virtual Unit Tours:

• 4414 Swan – Unit A: https://my.matterport.com/show/?m=bwY8opWfEyC&mls=1
• 4414 Swan – Unit B: https://my.matterport.com/show/?m=Yp1MJbxUXRQ&mls=1

Property Features:

• Well-maintained property with significant rental upside and steady income potential.
• Updated kitchens and bathrooms, electrical, and plumbing, beautiful hardwood floors, stained glass windows.
• Fenced backyard with brick garage and secure parking.
• Recently updated central HVAC systems.

Prime Location in The Grove:

• Rare and highly desirable opportunity in one of St. Louis’ most dynamic neighborhoods.
• Close to Forest Park, Barnes Hospital, Wash U. Medical School, The Botanical Gardens, The Cortex, restaurants, nightlife, major hospitals, and SLU campus.
• The Grove is a very desirable neighborhood to live in for the medical community, students, and professionals driving strong rental demand.

Rental Income Potential:

• Current rental rates: $1,095 and $1,395 per month.
• Comparable units in the area lease for $1,400+ per month, leaving room for rental growth.
• 3 of the 4 generates over $3,500 in monthly income, an ideal for owner-occupants looking to house-hack.

Tenant Appeal:

• Thoughtfully designed 2-bedroom, 1-bathroom layouts with modern finishes.
• Low tenant turnover, thanks to the property’s charm and excellent location.
• Private backyard provides space for tenants to congregate and have an enclosed place for a pet.

Virtual Tours:

• 4501 Wichita – 1E: https://my.matterport.com/show/?m=EVFjh9eQJ1W&mls=1