1936 Benton St
Saint Louis, MO 63106
-- Bed-- Bath26,085 Sq Ft19 Days on Market
Listing Agent & Comments
Garen Lafser • Salient Realty Group, LLC
314-374-3687 • glafser@salientrealtygroup.com License #2015014613The Benton Street Apartments are a 24-unit multifamily asset in St. Louis City in walking distance to the new NGA West Headquarters. This historic brick row-style property was completed renovated in April of 2013 and offers a classic architectural presence with updated interiors, in-unit laundry hook ups, updated appliances, updated flooring, kitchens, and more. With close proximity to Downtown, major highways, public transit, and key redevelopment zones, Benton Street Apartments are well positioned for long-term appreciation and consistent cash flow. Ideal for investors seeking scale and value in an emerging urban corridor. The current rent roll totals $17,690 which includes two vacant units and two down units. This allows investors to raise occupancy and renovate the two down units to increase cash flow significantly. With the current rent roll annualized and T12 expenses, the property is performing at a 10.89% cap rate which offers incredibly strong returns with great upside potential. Please reach out to the brokers with any questions. 24 Multifamily Units Fully Renovated in 2013 12.80% Cap Rate w/ In Place RR & T12 Expenses Very Strong In-Place Performance w/ Significant Upside Walkable to the Brand New NGA Campus Mix of 1 Bd / 1Ba, 1 Bd / 1.5 Ba and 2 Bd / 1.5 Ba Units
MLS# MIS25053581 • Data provided by MARIS as distributed by MLS Grid
HouseCanary, Inc. Brokerage
Living Area | 26,085 Sq.Ft. |
---|---|
Lot Size | 4,456 Sq.Ft. |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | 1 |
Year Built | 1890 |
Property Type | Multifamily |
Zoning | A |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | -- |
Tax Amount | -- |
Property in Flood Zone | -- |
Basement | No |
Pool | No |
Data provided by MARIS as distributed by MLS Grid.
This property is missing data for:
Comparable properties, forecast, and rental estimate
New
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1936 Benton St., Saint Louis, MO 63106
Multifamily-- Bed-- Bath26,085 Sq Ft19 Days on Market
Listing Agent & Comments
Garen Lafser • Salient Realty Group, LLC
314-374-3687 • glafser@salientrealtygroup.com License #2015014613The Benton Street Apartments are a 24-unit multifamily asset in St. Louis City in walking distance to the new NGA West Headquarters. This historic brick row-style property was completed renovated in April of 2013 and offers a classic architectural presence with updated interiors, in-unit laundry hook ups, updated appliances, updated flooring, kitchens, and more. With close proximity to Downtown, major highways, public transit, and key redevelopment zones, Benton Street Apartments are well positioned for long-term appreciation and consistent cash flow. Ideal for investors seeking scale and value in an emerging urban corridor. The current rent roll totals $17,690 which includes two vacant units and two down units. This allows investors to raise occupancy and renovate the two down units to increase cash flow significantly. With the current rent roll annualized and T12 expenses, the property is performing at a 10.89% cap rate which offers incredibly strong returns with great upside potential. Please reach out to the brokers with any questions. 24 Multifamily Units Fully Renovated in 2013 12.80% Cap Rate w/ In Place RR & T12 Expenses Very Strong In-Place Performance w/ Significant Upside Walkable to the Brand New NGA Campus Mix of 1 Bd / 1Ba, 1 Bd / 1.5 Ba and 2 Bd / 1.5 Ba Units
MLS# MIS25053581 • Data provided by MARIS as distributed by MLS Grid
HouseCanary, Inc. Brokerage
Living Area | 26,085 Sq.Ft. |
---|---|
Lot Size | 4,456 Sq.Ft. |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | 1 |
Year Built | 1890 |
Property Type | Multifamily |
Zoning | A |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | -- |
Tax Amount | -- |
Property in Flood Zone | -- |
Basement | No |
Pool | No |
Data provided by MARIS as distributed by MLS Grid.
This property is missing data for:
Comparable properties, forecast, and rental estimate
New
Do you own this home?
Access your homeowner dashboard
1936 Benton St
Saint Louis, MO 63106
-- Bed-- Bath26,085 Sq Ft19 Days on Market
Listing Agent & Comments
Garen Lafser • Salient Realty Group, LLC
314-374-3687 • glafser@salientrealtygroup.com License #2015014613The Benton Street Apartments are a 24-unit multifamily asset in St. Louis City in walking distance to the new NGA West Headquarters. This historic brick row-style property was completed renovated in April of 2013 and offers a classic architectural presence with updated interiors, in-unit laundry hook ups, updated appliances, updated flooring, kitchens, and more. With close proximity to Downtown, major highways, public transit, and key redevelopment zones, Benton Street Apartments are well positioned for long-term appreciation and consistent cash flow. Ideal for investors seeking scale and value in an emerging urban corridor. The current rent roll totals $17,690 which includes two vacant units and two down units. This allows investors to raise occupancy and renovate the two down units to increase cash flow significantly. With the current rent roll annualized and T12 expenses, the property is performing at a 10.89% cap rate which offers incredibly strong returns with great upside potential. Please reach out to the brokers with any questions. 24 Multifamily Units Fully Renovated in 2013 12.80% Cap Rate w/ In Place RR & T12 Expenses Very Strong In-Place Performance w/ Significant Upside Walkable to the Brand New NGA Campus Mix of 1 Bd / 1Ba, 1 Bd / 1.5 Ba and 2 Bd / 1.5 Ba Units
MLS# MIS25053581 • Data provided by MARIS as distributed by MLS Grid
HouseCanary, Inc. Brokerage
Living Area | 26,085 Sq.Ft. |
---|---|
Lot Size | 4,456 Sq.Ft. |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | 1 |
Year Built | 1890 |
Property Type | Multifamily |
Zoning | A |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | -- |
Tax Amount | -- |
Property in Flood Zone | -- |
Basement | No |
Pool | No |
Data provided by MARIS as distributed by MLS Grid.
This property is missing data for:
Comparable properties, forecast, and rental estimate
New
Do you own this home?
Access your homeowner dashboard