38.800285 -90.20918

1528 James Patrick Lane Saint Louis, MO 63138

318381573 38.800285 -90.20918 143 /listing/318381573-150110761/1528-james-patrick-lane-saint-louis-mo-63138 False 0 6500000.0 101 22041169 False
  • $6,500,000
  • 0x0 lot
  • Est payment $34893.41/mo

Property & Neighborhood Info

Courtesy Of EXP Realty, LLC

Commercial in Spanish Lake

We are pleased to offer the opportunity to purchase The Reserve at Spanish Lake, a 76-unit multifamily property located within steps of Spanish Lake Park in St. Louis, MO (the 20th largest MSA in the country) which has shown strong market rent growth in the past year of 8% and low market vacancy of 6%. The asset has benefitted from a major capital improvement program implemented by the current ownership. It is well maintained with a proven in-place value-add business model, strong positive rent growth, and exhibits sought after features not readily available in the area. With in-place professional 3rd party property management, this property will be a smooth transition option for both local and out-of-town investors. Offering Memorandum and Financial Reports Available Upon Request

Courtesy Of EXP Realty, LLC
  1. 0x0 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1989
  • School District: Arrowpoint Elem.
  • School District2: Southeast Middle
  • School District3: Hazelwood East High
  • School District: Hazelwood
  • County: Saint Louis
  • Taxes: $28,134.00
  • Tax Year: 2021
  • Units: 76
  • Subdivision: James Town Condo
  • MLS Number:22041169

Additional Features

  • Cooling:
    • Electric
  • Disclosures:
    • Unknown
  • Laundry:
    • Lndry Connect all Un
  • Inclusions:
    • Building & Land
  • Age Description:
    • 33
  • Attached Garage:
    • N
  • Construction:
    • Brk/Stn Veneer Frnt
  • Location:
    • Suburban
  • Property Subtype:
    • Multi-Family 5+
  • Parking:
    • Parking Lot
  • Cable Available:
    • 1
  • Heating:
    • Forced Air
    • Y
  • Heating Source:
    • Electric
  • Sewer:
    • Public Sewer
  • Township:
    • Unincorporated
  • Water:
    • Public
  • Financing:
    • Cash Only
  • Lease Terms:
    • Leases
  • CDOM:
    • 0
  • Special Conditions:
    • None
  • Tenant Pays:
    • Electricity
  • Builder Model:
    • Low/1-2
  • Ownership Type:
    • Private
  • Parcel Number:
    • 07E-31-1050
  • Possession:
    • Close Of Escrow
  • Lot Size Dim:
    • 0x0
Neighborhood info courtesy of Homes.com © 2022

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
De Lynn Klosterhoff
De Lynn Klosterhoff
4 West Drive #110 Chesterfield MO 63017
Let us help you!
38.800285 -90.20918

1528 James Patrick Lane Saint Louis, MO 63138

318381573 38.800285 -90.20918 143 /listing/318381573-150110761/1528-james-patrick-lane-saint-louis-mo-63138 False 0 6500000.0 101 22041169 False
  • $6,500,000
  • 0x0 lot
  • Est payment $34893.41/mo