BEDS0
BATHS
MLS#26009309
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONWoodridge Manor Apartments
SCHOOLNorthwest R-I
Property Description
Exceptional investment opportunity featuring a 74-unit multifamily property comprised of 52 one-bedroom units and 22 two-bedroom units. This well maintained-asset offers significant value-add potential with 50 of 74 units already renovated. The updates include new vinyl plank flooring, updated trim, modern vanities, fresh interior paint, and upgraded light fixtures. The property benefits from onsite laundry facilities providing additional income and RUBS, helping offset operating expenses and enhance cash flow. With strong rental demand, low maintenance requirements, and below-market rents, this asset presents a compelling opportunity for investors seeking immediate income with substantial upside through continued renovations and rental increases. This is ideal for investors looking to capture cash flow and appreciation.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall Unit(s)
Heating: Forced Air
Home Style: Apartment Style
Taxes: $24,839
Year Built: 1965
Feature Descriptions
Appliances: Oven, Refrigerator
Days on Site: 11
Exterior: Brick, Vinyl Siding
Laundry: Common Area
Parcel#: 03-1.0-11.0-4-002-047
Parking: Off Street, Parking Pad
Parking Notes: Off Street, Parking Pad
SQFT. Above Grade: 36540
Local Schools
High School: Northwest High
Middle School: Wood Ridge Middle School
Elementary School: High Ridge Elem.
School District: Northwest R-I
Listed By / Shown By
Listed By
Agency Name: Salient Realty Group, LLC
Shown By
Agent Name: Teri Nicely
Agent Phone: (314) 707-1468
Agency Title: RedKey Realty Leaders
Estimate Your Payment
Estimated Payment
$ 39,378.67 per month $35,412.92 Principal & Interest $2,069.92 Property Tax $1,895.83 Homeowner's Insurance
2408 Williams Creek Road | MLS# 26009309
This multi-family property located at 2408 Williams Creek Road , High Ridge, MO 63049 is currently listed for sale with an asking price of $6,500,000. Williams Creek Road is located within the Northwest R-I school district. Search High Ridge real estate on www.nicelyhomes.com today.