3 Bruce Dr Florissant, MO 63031

Located on a quiet cul-de-sac in Florissant, Missouri, this four-family building is part of a larger 44-unit apartment complex. The complex consists of seven buildings within the same cul-de-sac, presenting an opportunity to acquire multiple buildings within one cohesive community. The four-family buildings can be purchased separately or together, and the 32 additional units can also be purchased with the four families if desired. Extensive renovations have been completed between 2023 and 2026, with over $2.2 million in capital improvements throughout the property. Upgrades include improvements to electrical systems, common areas, windows, water heaters, furnaces, and condensers. The building has 3,536 square feet and features a pitched roof, central heating and cooling, and spacious common areas. Each four-family building includes five off-street parking spaces. Units offer washer and dryer hookups, with additional potential to add shared laundry facilities. All four units within the building feature similar updates, providing consistency in layout and finishes across the property. The property features 2 bedroom units. Current rents are below market, presenting an opportunity for future rent growth. The property is located near Lambert International Airport and major employers such as Boeing and Amazon. The buildings are located within a designated flood zone. The City of Florissant has acquired adjacent land for a planned future park development. The lot size is 0.2025 acres.