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Nearby Schools
Clyde Hamrick Elem.Elementary School
Ridgewood MiddleMiddle School
Fox Sr. HighHigh School
Description
Rare opportunity to purchase and renovate three buildings with twelve total units just minutes from Highway 55 in Arnold. Average rents in the area for 2 bedroom, 1.5 bathroom apartments exceed $1,100/m, but current rents across the occupied units average less than $800 per month. Add a bedroom to the walkout basement of each unit and rents could go even higher. Option to finance with three conventional loans or one commercial loan. Price is for one building. Please do not disturb tenants. Sold as-is. Additional information and photos available.
Location
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