
Price:
$1,850,000
Address:
181 Northport Hills Dr
City:
Florissant
State:
MO
Incredible opportunity to purchase a package of 18, income-producing condos. All condos are located within the same 56 unit complex. In 2022, the entire complex had all new roofs installed, new parking lot and new complete high efficiency HVAC systems installed in all units. The portfolio provides minimal expenses and tremendous upside to raise rents. In-place Cap Rate - 8.43%, with an opportunity to raise rents to achieve a 9.11% Cap. For more details: https://realtyww.info/homes_florissant-d523374/for-sale_i73856574
Extra Information for 181 Northport Hills Dr Florissant, MO
- Seller Type:
- Category: Single-Family Houses
- Listed Date: Jul 10, 2024
