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Archived over 1 year ago

$106,000

rooms 4+ ba 4246 sqft

3000-3004 N Taylor Ave, Saint Louis, MO 63115

Commercial Multifamily Off MLS

Current Rent **

N/A

Projected Rent **

$4,746

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

(๐—ฆ๐˜. ๐—Ÿ๐—ผ๐˜‚๐—ถ๐˜€, ๐— ๐—ข) ๐Ÿ’ฅ๐Ÿฒ ๐—จ๐—ป๐—ถ๐˜ ๐—”๐—ฝ๐—ฎ๐—ฟ๐˜๐—บ๐—ฒ๐—ป๐˜ ๐—•๐˜‚๐—ถ๐—น๐—ฑ๐—ถ๐—ป๐—ด๐Ÿ’ฅ | ๐—ฉ๐—ฎ๐—ฐ๐—ฎ๐—ป๐˜ | ๐—ฅ๐—ฒ๐—ต๐—ฎ๐—ฏ ๐—ก๐—ฒ๐—ฒ๐—ฑ๐—ฒ๐—ฑ | ๐—ฆ๐—ฒ๐—ฝ๐—ฎ๐—ฟ๐—ฎ๐˜๐—ฒ๐—น๐˜† ๐— ๐—ฒ๐˜๐—ฒ๐—ฟ๐—ฒ๐—ฑ โš’๏ธ

Great Opportunity to Buy and Hold!

3000-3004 N Taylor Ave, Saint Louis, MO, 63115

6 Unit Apartment Building in Saint Louis, MO!

Rehab Estimate: $60K (Per Local GC)

ARV: $440K Calculated using NOI with average market rents and 9% market cap for the 63115 zip code.

Potential Rent: $4,746/month

Unit Mix: Six 1BR/1 Bath Unit

Market Rents: $791/Unit (Per Rentometer)

Occupancy: 100% Vacant

Taxes: $289

Insurance: $1,000

Building Square Footage: 4,246 Sq Ft

Utilities: Tenants pay for all utilities (When Occupied)

Lot Size: 5,525 Sq Ft

Year Built: 1925

Pro Forma CAP: 32.05% (5% Vacancy, Taxes, Insurance, and 10% Prop Management included in Pro Forma Cap and Actuals)

Due Diligence: While we do our best to get all the relevant information to you, buyers are encouraged to do their own due diligence. (See Important Disclosures Below)

Location:

3000-3004 N Taylor Ave, Saint Louis, MO 63115

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.