USAMOPark HillsSt Joseph Lead Compans Sub801 W Walnut St
View of front facade with a residential view and a front yard | Image 1
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$1,500,000

801 W Walnut St, Park Hills, MO

Real Estate

For Sale

$--,---,---
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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage No
Maintenance Fees 
Taxes $5,787
Days Active 9
Approx. Age 1997
MLS® Number 25050621

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

The Cedar Ridge Apartments offer an excellent opportunity for investors seeking stable cash flow, strong returns, and minimal management hassle just outside of St. Louis. This 16-unit community is spread across four well-maintained buildings in Desloge, Missouri, and is consistently fully leased and easy to operate. The building features 2 bedroom units with in unit laundry, all the units have their own porches. The apartments also have central air with mini splits, and there are detached storage units for the apartments on site. With significantly lower expenses for taxes, insurance, and utilities compared to similar properties in the city, this asset stands out for its efficiency and profitability. Located in unincorporated St. Francois County, the property benefits from a landlord-friendly environment with low taxes, minimal red tape with no occupancy inspections. Projected rents of up to $1, 000 per unit offer immediate income potential and long-term upside. Whether you're expanding your portfolio or looking for a low-maintenance investment, Cedar Ridge Apartments delivers dependable performance without the typical headaches.Show Description
MLS® Number25050621
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1997
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/CCentral Air
Heating Fuel

Extras

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