11900 Lavida Avenue, St Louis, MO 63138
GREAT CASH FLOW INVESTMENT OPPORTUNITY! – Recently renovated 6 single family residential investment package; including 5 tenant-occupied and 1 vacant (seller can readily acquire tenant or leave vacant based on buyer preference) Fully rented, properties can generate $67,200 in gross annual rent with 11.15% CAP rate (rate includes annual 8% provision for property management and 5% for maintenance) All properties are within a 5-mile radius. All utilities are paid by tenants. Most major systems and all appliances were replaced upon purchase. For complete details on this package, please see brochure located in the supplements. Additional properties included in package are as follows: 1241 Laredo Ave, 10809 Spring Garden, 9709 Dennis Ave, 531 Chambers Rd, 346 St. Louis Ave
Listing Agent: Sharlotte Luna