6010 S Kingshighway BoulevardSt Louis, MO 63109
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Opportunity to acquire this 25-unit turnkey property located at 6010-6020 South Kingshighway Boulevard in the Princeton Heights neighborhood of South City, St. Louis. Beautiful Art-Deco building constructed in 1940 and fully-renovated in 2013, the Property features a mix of studio, one, two, and three bedroom units. Located in a submarket with historically phenomenal occupancy, allowing investors to acquire a well-performing asset with the opportunity to push rents through further upgrades during the new ownership period. Summary Below: •Avg. In Place Rents of $1026 is $89 below $1115 market average •One Studio, Twelve One Bedrooms, Six Two Bedrooms, & Six Three Bedrooms Provide Great Unit Mix •Currently 92% Occupied •Exclusive garage parking + gated surface lot (32 spaces) – a rare amenity in this area •Units feature fully-equipped kitchens w/ stainless steel appliances, hardwood floors, and updated fixtures. •Shared Laundry in the basement – 8 full-size washers and dryers
4 weeks ago | Listing updated with changes from the MLS® | |
4 weeks ago | Listing first seen on site |
Based on information submitted to the MLS GRID as of 2024-10-30 12:00 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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