3647 Delor, St Louis, MO 63116

$3,100,000
List Price
$3,100,000
Days on Market
44
MLS#
18036928
Status
ACTIVE
Lot Size
222,722
Acres
5.113
Year Built
1962
Age
56
Subdivision
South St Louis
Municipality
St. Louis City
County
St Louis City
Listing Type
Multifamily

Property Description

Delor Park Apartments is an 84 Unit Apartment complex on a 5 acre lot in South St. Louis, MO. The property also has 6 commercial bays with long term 5 yr leases (these are listed as Studio Apartments in the unit description). All of the 84 apartment units have 2 large bedrooms, and 1.5 baths. There are hardwood floors underneath the carpet in all of the units, and all of the units have forced heat/central air. Several roofs and stairwells have been replaced in recent years. The property is close to major shopping and retail on S Grand, and is close to public transportation as well. This is a value add opportunity, and will require some capital investment.

Additional Information

Gross Operating Income
494206
Total Expenses
$212,417
School District
St. Louis City
Elementary School
Woodward Elem.
Jr. High School
Long Middle Community Ed. Center
Sr. High School
Roosevelt High
Construction
Brick/Stone Msn Pred
Parking Description
1 Space/Unit
Cooling
Central-Electric
Sewer
Public
Heating
Forced Air
Water
Public
Heat Source
Gas
Taxes Paid
29258
Selling Terms
Cash, Conventional, Owner May Finance, Specl Fincg Call Agt, Other

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Apartment Advisors of America LLC.

Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified