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11978 Del Reo Ct Saint Louis, MO 63138

Sponsored
For Sale
$5,300,000

Residential Income - Unincorporated, MO

Property size:
1,040 SF
Lot size:
0.20 Acres
Days on Market:
1
Last Refresh:
Mar 3 at 8:06 pm

Property Features for 11978 Del Reo Ct

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
APN
08D-21-0490
Size
1,040 SF
Lot size
0.20 Acres

Building Details

Year built
1971
Architectural style
Other

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Listing Contact
Mike Shepherd

Invest St. Louis (314) 255-5117

Listing agent Mike Shepherd (314) 325-6201 License #2010038439

Listing date Mar 3, 2026

MLS# 26012060 Listing URL

Copyright © 2026 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Diversified Condominium Portfolio Opportunity

This is a rare opportunity to acquire a diversified portfolio of 75 condominiums strategically located across North St. Louis County. The portfolio offers consistent cash flow, stable tenancy, and strong capitalization potential for multifamily investors. The properties are located across five municipalities: Hazelwood, Florissant, Bridgeton, Ferguson, and Unincorporated St. Louis County. The portfolio includes 31 lease-to-own units operated under a unique model where tenants gain partial LLC ownership, granting full condo ownership after 15 years of continuous payments. Tenants cover HOA fees and partial maintenance, minimizing owner obligations. The property at 11978 Del Reo Court, Unincorporated, MO 63138 has a lot size of 0.2017 acres and a property size of 1040 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Gym & Fitness Center Auto Repair Shop Pharmacy Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Saint Louis
County
St. Louis
State
Missouri
Longitude
-90.192274
Latitude
38.786097

FAQs

What type of property is this?
Apartment building - Portfolio of 75 condominiums across North St. Louis County.
Where is this apartment building located?
The property is located at 11978 Del Reo Ct Saint Louis, MO.
What is the asking price?
The asking price for this property is $5,300,000.
What are key features of this property?
This property features: - Portfolio of 75 condominiums across North St. Louis County; - Consistent cash flow and stable tenancy; - **31 Lease-to-Own units with tenant path to full ownership**
More about this property
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