7718-7722 Springdale Dr, Berkeley, MO 63121
- $1,990,000
- List Price
- $1,990,000
- Days on Site
- 8
- MLS#
- 26062427
- Status
- ACTIVE
- Lot Size
- 142,615
- Acres
- 3.27
- Subdivision
- Normandy Heights Amd
- Municipality
- Berkeley
- County
- St. Louis
- Year Built
- 1972
- Listing Type
- Commercial
Property Description
Hermann London Commercial presents Bermuda Heights Townhomes, a 14-unit investment offered at $1,990,000 in Normandy, Missouri. Located at 7718–7722 Springdale Drive, the property features three two-story buildings on approximately 0.68 acres, with all residences offering two bedrooms and 1.5 baths. The rent roll shows all 14 townhomes occupied, with monthly contract rents totaling $18,190 and averaging approximately $1,299 per residence. Positioned approximately one mile from the University of Missouri–St. Louis, with access to MetroLink and Interstate 70, the property serves a broad renter base of students, university staff, and regional workers. This manageable townhome investment combines established rental income, an appealing residential layout, and opportunities for continued rent growth through renewal management and selective improvements.
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Additional Information
- Cooling
- Ceiling Fan(s), Central Air
- Selling Terms
- 1031 Exchange, Cash, Conventional, FHA, VA Loan
Listing courtesy of Nidhi Soni. The Hermann London Group LLC
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