Very rare opportunity to acquire 28 rental condos in Ladue school district*most units have had interior upgrades completed*17 one bed and 11 two bed units*Offered at an attractive package price of $65,000 per condo*28 condos in a 54 unit condo complex, giving the investor controlling interest (51%) over the condo association*Rents are low and can easily be increased based on immediate surrounding rent comps, such that these rental units could be performing at/above 8% cap rate*Qualified investors only - no showing without proof of at least 25% liquid funds prior to appt. When's the last time you saw a rental property offered for sale in Ladue School District???
Listing courtesy of RE/MAX Results.
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