9640 Diamond Drive

    St Louis, MO 63137
    • $2,400,000
    • STATUS: Active
    • ON SITE: 116 days
    • ID#: 18091789
    UPDATED: 31 min ago
    $2,400,000
    • 0
      BEDS
    • 1.44
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 46,442
      SQFT
    • $52
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1976
    County:

    School Information

    Elementary School:
    Middle School:
    School District:

    Description

    86 unit Apartment Complex you don't want to miss out on!!! This property includes 20 small and 48 large 1 bedroom units, as well as 17 2 bedroom units & 1 studio unit. There is a leasing office (that can be converted back to a 2 bd unit.) This property offers an on site Laundry facility, all electric units, exterior camera monitoring system & a large maintenance storage space. This complex has been overhauled with 81 units that have been rehabbed, a new roof on the smaller building and repairs made to larger building roof, almost all HVAC units and appliances, exterior painting, landscaping including retaining wall, some staircases and handrails, exterior lighting, plumbing stacks, and tuckpointing repairs completed in 2017. Tax ID#12E610045 is included with this sale. Great 1031 EXCHANGE Opportunity! PLEASE DO NOT BOTHER TENANTS OR MANAGEMENT.

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    Listing information © 2019 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2019-03-24T17:49:01.947.

    Keller Williams Realty West: 636-229-8583
    www.searchallstlouishomes.com/homes/89675374

    9640 Diamond Drive St Louis, MO 63137

    • Price: $2,400,000
    • Status: Active
    • Updated: 31 min ago
    • ID#: 18091789
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.44
    Acres
    46,442
    SQFT
    $52
    $/SQFT
    1976
    Built
    Neighborhood:
    Riverview Gardens
    County:
    St Louis
    Area:
    Riverview Gardens
    Elementary School:
    Highland Elem.
    Middle School:
    R. G. Central Middle
    High School:
    Riverview Gardens Sr. High
    School District:
    Riverview Gardens
    Property Description
    86 unit Apartment Complex you don't want to miss out on!!! This property includes 20 small and 48 large 1 bedroom units, as well as 17 2 bedroom units & 1 studio unit. There is a leasing office (that can be converted back to a 2 bd unit.) This property offers an on site Laundry facility, all electric units, exterior camera monitoring system & a large maintenance storage space. This complex has been overhauled with 81 units that have been rehabbed, a new roof on the smaller building and repairs made to larger building roof, almost all HVAC units and appliances, exterior painting, landscaping including retaining wall, some staircases and handrails, exterior lighting, plumbing stacks, and tuckpointing repairs completed in 2017. Tax ID#12E610045 is included with this sale. Great 1031 EXCHANGE Opportunity! PLEASE DO NOT BOTHER TENANTS OR MANAGEMENT.
    Exterior Features

    Building Style Mid-Rise 3Or4 Story Construction Brick/Stone Msn PredStucco Location Suburban Lot Dimensions 567X66 Parking Description Parking LotUnassigned

    Interior Features

    Building Unit Info No Units FurnishedRestriction-OccupancRestriction-PetsSecurity SystemSmoke/Alarm Detector Cooling Central-ElectricWindow Unit(S) Heat Source Electric Heating BaseboardForced Air Laundry Coin OperatedCommon Laundry Water Heater Electric

    Property Features

    1 Bed Units 68 Assoc Fee Paid None Association St. Louis Association of REALTORS BLDFIN Accounting/LegalInsuranceLicenses/PermitsManagementMaintenance/RepairsUtilities Cable Available Yes Conditions Unknown Disclosures Code Compliance ReqdFlood Plain NoOccupancy Perm ReqSellers Discl Not Av Efficiency Rent 450 Efficiency Units 1 Gross Operating Income 486960.00 Lot Size Source County Records Net Income 243566.00 Occupant Type Tenant Ownership Private Possession At Closing Possible Buyer Fees YN No Propane Tank None Property Type Multi-Family 5+ Sale Includes Building & Land Selling Terms CashConventional Sewer Public Some Include RefrigeratorRange/Oven Special Description Renovated Special Listing Conditions None Square Footage Source County Records Tax Year 2017 Taxes Paid 42197 Tenancy Type LeasesMonth To MonthSubsidized Rents Tenant Pays Electric Total Expenses 194698.00 Transaction Type Sale Type Apartment ComplexApt Bldg/Exterior En Water Public

    Listing provided courtesy of Realty Executives Of St. Louis. Listing information © 2019 Mid America Regional Information Systems, Inc.
    Listing information © 2019 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2019-03-24T17:49:01.947.

    Keller Williams Realty West: 636-229-8583
     
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