$8,400,000 10367 Coburg Lands St Louis, MO

MLS: 22021332   Type: Multi-Family   County: St Louis   City: St Louis   Area: Riverview Gardens   Neighborhood: Bissell Hills 4   Zip: 63137     Taxes: $1,349

Mortgage $39,437 /mo



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Love the high investment returns of St. Louis County rental properties but tired of the lack of inventory? Here is an easy solution: a ready-made, turnkey portfolio of 112 single family homes concentrated in north St. Louis County. This package is priced at $8,400,000 which is an average of $75,000 per door. These homes are located in easy to rent areas including 34 homes in Bellefontaine Neighbors, 27 homes in Ferguson, 15 homes in Hanley Hills, plus more. This stable portfolio of properties has only 3 current vacancies and will be cash-flowing from day one. Tenants are responsible for utilities. The monthly sewer bill is charged back to tenants. Average rent per property per month is $847 which is $1,138,560 in gross annual rents. These properties to be sold as a package. For complete details on this package, including a listing of addresses, rents and property details, please view the pdf in the documents section.

Elementary School

Middle School

High School

Gibson Elem.
Distance: 0.76 Miles
R. G. Central Middle
Distance: 1.08 Miles
Riverview Gardens Sr. High
Distance: N/A Miles

Price History

4/8/2022 Listed $8,400,000

Attached Garage N
City St Louis
Cooling Electric
County St Louis
Days on Market 41
Disclosures Unknown, Occupancy Perm Req, Sellers Discl Not Av, Unincorporated
Elementary School Gibson Elem.
Heating Forced Air
High School Riverview Gardens Sr. High
High School District Riverview Gardens
Lot Size Square Feet 8668
MLS Area Riverview Gardens
Middle/Junior High School R. G. Central Middle
Net Operating Income 712740
Ownership Type Private
Possession Close Of Escrow, Subject to Tenant Rights
Property SubType Multi-Family 5+
Property Type Commercial Sale
Sewer Public Sewer
Showing Instructions Call Listing Agent, Do Not Disturb Ten's, Show With Contract
Standard Status Active
Street Name Coburg Lands
Subdivision Name Bissell Hills 4
Tax Annual Amount 1349
Tax Year 2021
Tenant Pays Electricity, Gas, Sewer
Total Units 112
Township Bellefontaine Neighbors
Year Built 1952

Interior Features

Heating Y/N Y

Exterior Features

Inclusions Building & Land
Lot Dimensions 66x102
Lot Size Acres 0.199
Parking Features Accessible Parking
Water Source Public

Property Schools

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Gallery (5 photos)

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Property vs Zip Code Avg (63137)

Price 8.40M Avg 8.40M

Taxes $1,349 Avg $1,349

Acres 0.199 Avg 0.2

Visits 72 Avg 72

Days on Site 50 Avg 50

Walkscore® 25 Avg 25

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Worth Clark Realty

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Location & Address

Mick Sanders
100 Chesterfield Business Pkwy, 2nd Floor
Chesterfield, MO