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.
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Rare opportunity to acquire a cash-flowing 33-unit turnkey investment portfolio in the heart of Cape Girardeau, Missouri. This diverse package includes 29 single-family homes and 2 multifamily buildings (totaling 4 units), offering a mix of 1- to 5-bedroom units—ideal for accommodating a broad tenant base.
Strategically located near downtown amenities, major employers, and Southeast Missouri State University, these properties offer strong rental demand, stable occupancy, and easy access to transportation and services.
Highlights:
Unlock reliable cash flow with long-term growth potential in this well-located, easy-to-maintain portfolio. Opportunities like this are rare—schedule a review of the full package today!
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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.
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