5203 LOUISIANA

Price on call
Escrow Listing
  • Price Price on call
  • Property Type Multi-Family
  • Property status Escrow Listing
  • Units 6

Address

Address: 5203 Louisiana Avenue, St. Louis, MO 6311
  • Country: United States
  • Province / State: Missouri
  • City / Town: St. Louis
  • Postal code / ZIP: 63111
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Description



UNIT MIX & ANNUAL SCHEDULED INCOME

UNIT TYPE APPROX.SQFT AVG RENTS MONTHLY MKT RENTS TOTAL
2 1 Bed / 1 Bath 550 440 880 475 950
4 2 Bed / 1 Bath 675 615 2,460 650 2,600

ANNUALIZED INCOME

Description Actual Pro
Gross Potential Rent $40,080 $42,600
Less: Vacancy ($2,004) ($2,130)
Effective Gross Income $38,076 $40,470
Less: Expenses ($12,382) ($8,280)
Net Operating Income $25,694 $32,190
Debt Service ($16,008) ($16,008)
Net Cash Flow after Debt Service $9,686 $16,182
Principal Reduction $5,317 $5,317
TOTAL RETURN $15,003 $21,499

UNIT


  • Fully Occupied

  • Individually Metered

  • Gas Forced Air Heat and Window Unit Cooling

  • Updated Electric and Plumbing

  • 3 Car Detached Garage for Additional IncomeListed with 12% Cash on Cash ang 9.83% Cap Rate

MEMORANDUM

To receive a detailed Offering Memorandum, please fill out and submit the form below. We will send you an email with PDF attachment (must have Acrobat Reader). Thank you for your interest!

Contact

Nicholas F. Smyrniotis

Property Agent
1750 S. Brentwood Blvd Suite 600 St. Louis MO 63144
(314) 254-8961
nick@mo-apartmentadvisors.com
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