621 BROADMOOR

Price on call
Recently Listed
  • Price Price on call
  • Property Type Multi-Family
  • Property status Recently Listed
  • Units 8

Address

Address: 621 Broadmoor Drive, Chesterfield, MO 63017
  • Country: United States
  • Province / State: Missouri
  • City / Town: St. Louis
  • Postal code / ZIP: 63017
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Description



UNIT MIX & ANNUAL SCHEDULED INCOME

UNIT TYPE APPROX.SQFT AVG RENTS MONTHLY MKT RENTS TOTAL
8 2 Bed / 2 Bath 1200 772 6,176 950 7,600

ANNUALIZED INCOME

Description Actual Pro
Gross Potential Rent $74,112 $91,200
Less: Vacancy ($3,706) ($4,560)
Effective Gross Income $70,406 $86,640
Less: Expenses ($23,665) ($23,665)
Net Operating Income $46,741 $62,975
Debt Service ($46,151) ($46,151)
Net Cash Flow after Debt Service $590 $16,824
Principal Reduction $15,328 $15,328
TOTAL RETURN $15,919 $32,152

UNIT


  • Excellent West County Location In Four Seasons Subdivision

  • 8­ - 2 Bed / 2 Bath Units

  • All Units are Individually Metered

  • Newer Roof

  • Many Updated Kitchens

  • 8­ Two Car Tandem Garages

  • Rare Value Add Opportunity­ Rents Below Market

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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