181 Northport Hills Drive
181 Northport Hills Drive
$1,995,000
—
—
—
—
Description
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.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.
- Listed by Timothy McCarthy • Salient Realty Group, LLC
- Listed by Garen Lafser • Salient Realty Group, LLC
Amenities
- Air Conditioning
- Forced Air
- Parking Included
- Parking Lot
- Washer / Dryer Hookup
Location
LISTING UPDATED: 04/10/2024 04:20 PM
Property Details for 181 Northport Hills Drive
Status | Active |
---|---|
MLS # | 24021523 |
Days on Market | 21 |
Taxes | $12,600 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial Sale / Multi-Family 5+ |
Year Built | 1984 |
Lot Size | - |
County | St. Louis County |
Location
Building Information for 181 Northport Hills Drive
Stories-Residences18Year Built1984Building Size-Lot Size-
Payment Calculator
$11,938 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 181 Northport Hills Drive
Property History for 181 Northport Hills Drive
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 181 Northport Hills Drive
Taxable ValueLand$760Additions$7,790Total$8,550
Tax Record2023$663 ($55 / month)
Home Facts
Beds3Baths2.5Total Finished SqFt1,600 SqFtAbove Grade Finished SqFt1,600 SqFtStories2Lot Size1,599 SqFtStyleCondominiumYear Built1984ZoningR6ACountyST. LOUISAPN09H-3-4-064-2Fireplace TypeHas Fireplace
Schools near 181 Northport Hills Drive
This home is within Ferguson-Florissant R-Ii School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 2 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Private - | PK to 8 |
Rating | School | Distance |
---|---|---|
Commons Lane Elementary School PublicPK to 2 | ||
Cross Keys Middle School Public7 to 8 | ||
Mccluer North High School Public9 to 12 | ||
St Rose Philippine Duchesne School PrivatePK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.