5225 Southwest Ave
- 14 Updated Units on The Hill
- Freshly Renovated Units
- Updated Utility Systems
- Rents Well Below Market
- 93% Occupied
Property Description
5225 Southwest Avenue is a 14-unit multi-family investment property located in the Hill neighborhood. The building, known as Marie Tower Apartments, consists of eight one-bedroom units and six two-bedroom units across two stories. Recent renovations include updated systems and interior finishes such as hardwood and tile flooring, stainless steel appliances, and central air conditioning. The property includes off-street parking for residents and on-site laundry hookups in basement. With a total interior area of approximately 14,991 square feet, the building is currently positioned as a stabilized asset with rents trending below current market rates.Broker Details
Salient Realty Group 618-567-8346
MLS ID: JAANDERS State License Number: 2019046652
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,525,000 |
| No. of Units: | 14 |
| Year Built: | 1963 |
| Lot Size: | 0.24 Acres |
| Opportunity Zone: | No |
| Price per unit: | $108,929 |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
3717 Westminster Pl
Saint Louis, Missouri
2001 S Empire Avenue
Joplin, MissouriBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout