BEDS0
BATHS
SQUARE FEET1,040
MLS#26012060
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONLarimore Plaza 2
SCHOOLHazelwood
Property Description
A rare opportunity to acquire a diversified portfolio of 75 condominiums strategically located across North St. Louis County. This well-performing portfolio offers consistent cash flow, stable tenancy, and strong capitalization potential for multifamily investors. This Portfolio is composed of 75 condominiums/homes across five municipalities: Hazelwood, Florissant, Bridgeton, Ferguson, and Unincorporated St. Louis County. There are 31 Lease-to-Own units operated under a unique model where tenants gain partial LLC ownership, granting full condo ownership after 15 years of continuous payments. Tenants cover HOA fees and partial maintenance, minimizing owner obligations.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Other
Lot Size: 0.20 Acres
Taxes: $2,076
Year Built: 1971
Feature Descriptions
Days on Site: 1
Parcel#: 08D-21-0490
SQFT. Above Grade: 1040
Local Schools
High School: Hazelwood East High
Middle School: East Middle
Elementary School: Larimore Elem.
School District: Hazelwood
Listed By / Shown By
Listed By
Agency Name: Invest St. Louis
Shown By
Agent Name: Nancy Riehl
Agent Phone: (314) 795-1800
Agency Title: RedKey Realty Leaders
Estimate Your Payment
Estimated Payment
$ 30,593.98 per month $28,875.15 Principal & Interest $173.00 Property Tax $1,545.83 Homeowner's Insurance
11978 Del Reo Court | MLS# 26012060
This multi-family property located at 11978 Del Reo Court , Unincorporated, MO 63138 is currently listed for sale with an asking price of $5,300,000. Del Reo Court is located within the Hazelwood school district. Search Unincorporated real estate on www.nancyriehl.com today.